India’s manufacturing sector gained further momentum in October, supported by GST-related relief measures, strong domestic demand, higher productivity, and increased technology investments, according to a monthly survey released on Monday.

The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) climbed to 59.2 in October from 57.7 in September, signalling a faster pace of expansion in factory activity.

While overall manufacturing conditions improved, the survey noted that growth in international sales was relatively slower compared to previous months.

In PMI terms, a reading above 50 reflects expansion, whereas a figure below 50 indicates contraction.