India's manufacturing PMI drops to 45-month low
India's manufacturing PMI declined to 53.9 in March 2026, its lowest in 45 months, signaling a slowdown in factory activity. Rising input costs and supply chain issues are impacting production efficiency, despite remaining in growth territory.
after close1 source ↓written by the desknot a recommendation
- PMI falling
- 53.9
- in February
- 56.9
- growth threshold
- 50-point
India’s manufacturing sector slowed in March 2026, with the S&P Global PMI falling to 53.9, down from 56.9 in February. This marks the weakest expansion since mid-2022, despite remaining above the 50-point growth threshold. Rising input costs and supply chain delays are pressuring production and margins, indicating potential challenges ahead for the sector.
Not investment advice. For informational purposes only.