The manufacturing activity in India slowed down in the month of June from a 31-month high in May. However, the output remained in the growth domain owing to new work orders amidst favourable demand conditions. At 57.8 in June, S&P Global Purchasing Managers’ Index (PMI) indicates an expansion in activity....
Manufacturing PMI data reached a record high for India in October 2020, reflecting pent-up domestic demand, a positive sentiment due to the festive season and optimism on a possible uptick in exports in the coming months. India’s manufacturing PMI has risen to a high of 58.9 in October as compared...
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