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Mfg PMI rebounds, risks persist
Mint New Delhi
|April 03, 2025
After falling to a 14-month low of 56.3 in February, the seasonally adjusted HSBC India Manufacturing PMI rebounded to 58.1 in March, marking its highest level in eight months.
After falling to a 14-month low of 56.3 in February, the seasonally adjusted HSBC India Manufacturing PMI rebounded to 58.1 in March, marking its highest level in eight months. A reading above 50 signals expansion. The surge was driven by the PMI's largest sub-component—the New Orders Index—as total sales in March expanded at their fastest pace since July 2024. Companies cited strong customer interest, favorable demand conditions, and effective marketing initiatives, according to the PMI survey report.
Dit verhaal komt uit de April 03, 2025-editie van Mint New Delhi.
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