Thought of the Day

The Indian Economy Powers Ahead in October


 
27 October 2025
 
Indian Sales Managers reported another month of significant economic growth in October. All growth-related indexes except employment are reflecting significant expansion across a wide variety of business sectors.

The forward-looking Business Confidence Index, reflecting the vital "animal spirits" factor in economic growth, indicates that continued significant expansion in economic activity is likely to continue throughout the fourth quarter of 2025, and on into the first quarter of 2026.

Business Confidence Remains High in October
Diffusion Indexes: 50 = ‘no growth’
The Indian Economy Powers Ahead in October
The Indian Economy Powers Ahead in October


There is little doubt that Indian Sales Managers collectively are feeling confident that recent growth will continue well into the future.



The Market Growth Index likewise illustrates a steadily rising pattern of growth over the past year deriving from most business sectors, and complements the confidence shown by Sales Managers with real results from the recent past, as opposed to optimism about the future.

Overall, the Sales Indexes suggest a year of significant growth is on the cards for 2026. The only negative theme is presented by the Prices Index, still at a somewhat worrying height. However, it remains possible that the elevated nature of price increases reflects the rapid economic expansion clearly evident from these results, and may dampen when output catches up with sales, as seems likely at the moment.
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