India February manufacturing PMI falls marginally to 57.5 from 57.7 in January
Indian goods producers reported a healthy inflow of new orders in February. (Photo: Bloomberg)Premium
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India’s manufacturing activity eased a little in February compared to January but remained robust as firms lifted input inventories at record pace with strong growth in sales and production, a private survey said.
Data released by the analytics firm IHS Markit on Monday showed Purchasing Managers’ Index (PMI) for manufacturing sector fell marginally 57.5 from 57.7 a month ago. A figure above 50 indicates expansion, while sub-50 signals contraction. The headline figure however remained above its long-run average of 53.6.

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