Mumbai, May 29 -- India's industrial sector showed strength in April even as the West Asia conflict weighed on global trade. High-frequency indicators point to resilience, with the index of eight core industries rising on the back of cement, steel, and electricity production. The manufacturing PMI edged up, though cost pressures and geopolitical spillovers kept growth in new orders and output subdued. Automobile production surged across passenger vehicles, two-wheelers, and three-wheelers, all recording double-digit growth, supported by strong demand. Capital goods imports also grew sharply, signalling continued investment momentum.

Quarterly results of listed private non-financial companies for Q4:2025-26 reflected improved business per...