Transfin.

IHS Markit India's Manufacturing PMI Hits 8-year High of 55.3 in January

Manufacturing Purchasing Managers' Index (PMI) for India hit eight-yr high in January. 

 

INDIAN ECONOMY

India's manufacturing PMI hits eight-year high of 55.3 in January.

Scaling New Heights: Manufacturing Purchasing Managers' Index (PMI) for India hit an eight-year high of 55.3 in January from 52.7 in December on the back of sharp rise in new business orders amid a rebound in demand conditions that led to rise in production and hiring activity.

 

IHS Markit India's Manufacturing PMI Hits 8-year High of 55.3 in January

 

This is the 30th consecutive month that the manufacturing PMI has remained above the 50-point mark, signalling expansion. Business Today

 

View India manufacturing PMI chart here.

FIN.

Hand-curated Business News from Top Publishers & Platforms, Richly Crafted to Fit into One Wholesome Email. Subscribe Now to receive a nuanced 360 Degree account of key events from the World of Business and Finance every day.