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India's February manufacturing PMI slightly eases to 57.5 from 57.7 in January


Updated Mar 01, 2021 | 12:37 IST
India's manufacturing sector activities eased slightly in February but firms were upbeat as they responded to increased new work intakes by stepping up production and purchasing activities.
India's February manufacturing PMI slightly ease to 57.5 from 57.7 in January  |  Photo Credit: BCCL
New Delhi: India's manufacturing sector activities eased slightly in February but firms were upbeat as they responded to increased new work intakes by stepping up production and purchasing activities, a monthly survey said on Monday.
The seasonally-adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI) fell marginally to 57.5 in February from 57.7 in January, indicating that even though the pace of growth eased from January it remained sharp in the context of historical data.

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