Manufacturing PMI rises to 56.9 on strong demand
pre-market1 source ↓written by the desknot a recommendation
- in January
- 55.4
India’s manufacturing activity improved in February, with the PMI rising to 56.9, up from 55.4 in January, as reported by HSBC. This marks a four-month high, driven by robust domestic demand and increased new orders. The sector's health reflects strong production volumes and elevated growth rates since October 2022. 📈
Not investment advice. For informational purposes only.