India's PMI decline raises concerns for ETFs amid Iran conflict
pre-market1 source ↓written by the desknot a recommendation
- activity slowed
- 56.5 in March
- 58.9 in February
- fell
- 53.8
India’s private sector activity slowed to 56.5 in March, down from 58.9 in February, as domestic demand weakened despite rising export orders. The manufacturing PMI fell to 53.8, and the services sector expanded at its slowest pace since January 2025. This moderation may impact investor sentiment towards India-focused ETFs amid geopolitical tensions.
• Domestic weakness offsets export strength
• Manufacturing activity drops below expectations
• Services sector growth slows significantly
Not investment advice. For informational purposes only.