Manufacturing PMI rises to 56.9, indicating strong growth
pre-market1 source ↓written by the desknot a recommendation
- in January
- 55.4
India’s manufacturing activity improved significantly in February, with the PMI rising to 56.9 from 55.4 in January, marking a four-month high. This increase reflects robust domestic demand, leading to stronger new order inflows and production volumes. The data suggests a positive outlook for the manufacturing sector, potentially boosting investor sentiment.
Not investment advice. For informational purposes only.