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Factory rebound lifts India's biz activity to 3-month high
Mint Kolkata
|February 21, 2026
Seasonally adjusted composite PMI rose to 59.3 in February from 58.4 in January
The manufacturing industry strengthened in February, supported by robust growth in output and new domestic orders.
India’s combined manufacturing and services output expanded at the fastest pace in three months in February, driven by stronger factory production and resilient demand, S&P Global said on Friday, citing the latest reading of its HSBC Flash India PMI composite output index.
The seasonally adjusted composite output index rose to 59.3 in February from 58.4 in January, the strongest expansion since November.
The headline composite figure is a weighted average of the manufacturing output index and the services business activity index. The indices range from 0-100. Readings above 50 show expansion, and below 50, contraction. The indices are then seasonally adjusted.
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