BW Businessworld
India s Manufacturing Sector Activity Strengthens In January: PMI
Sustained sales growth supported a further upturn in manufacturing sector output in January. The rise in production was the sixth in successive months and the quickest since last October.
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India s manufacturing sector activity strengthened in January as companies scaled up production at the quickest pace in three months in response to faster expansions in total sales and new export orders, a monthly survey said on Monday.
The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers’ Index rose from 56.4 in December to 57.7 in January, to signal the strongest improvement in the health of the sector in three months.