Skip to content
- In March, India’s manufacturing PMI reached to 16-year high at 59.1.
- India’s manufacturing industry expanded at a fast pace in the last 16 years due to accelerating demand.
- India’s manufacturing PMI jumped to 59.1 in March from 56.9 in February. In January, the PMI was 56.5.
- The production and sales expanded at their fastest rates since October 2020.
- The manufacturing PMI remained above 50-mark indicating growth rather than contraction.
- The notable improvement in operating conditions reflects the growth of new orders, output, job creation and input stocks.
- However, cost pressures reached their highest level in five months.
error: Content is protected !!
