HSBC India manufacturing PMI rises to 57.5 in February from 55.4 previously
Friday, February 20: India’s manufacturing sector activity strengthened in February, with the headline HSBC India Manufacturing PMI rising to 57.5compared with 55.4 in January .
The latest reading marks a four-month high and remains comfortably above the neutral 50 mark, indicating expansion in factory activity. The improvement reflects stronger output and new domestic orders during the month .
According to the flash data, manufacturing output growth accelerated, contributing to a broader uptick in private sector momentum. Firms also reported improved optimism regarding future activity, even as input costs remained elevated .
The February print signals continued resilience in India’s industrial sector at the start of the final fiscal quarter.
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