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Manufacturing activities in India eases in March; challenging times ahead: survey


Representational image.
  | Photo Credit: Reuters
The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) fell from 57.5 in February to a seven-month low of 55.4 in March
India’s manufacturing sector activities lost further growth momentum and fell to a seven-month low in March as demand was constrained by the escalation of the COVID-19 pandemic, a monthly survey said on April 5.
The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) fell from 57.5 in February to a seven-month low of 55.4 in March.
However, the latest reading was indicative of a substantial improvement in the health of the sector that outpaced the long-run series average, it said. ....

Union Health Ministry , India Manufacturing Purchasing Manager Index , Pollyanna De Lima , Economics Associate Director , Reserve Bank , Ihs Markit India Manufacturing , Purchasing Managers Index , Indian Economy , தொழிற்சங்கம் ஆரோக்கியம் அமைச்சகம் , இந்தியா உற்பத்தி வாங்குதல் மேலாளர் குறியீட்டு , பொலீயாந டி லிமா , பொருளாதாரம் இணை இயக்குனர் , இருப்பு வங்கி , ஈஸ் மார்க்கிட் இந்தியா உற்பத்தி , வாங்குதல் மேலாளர்கள் குறியீட்டு , இந்தியன் பொருளாதாரம் ,

Manufacturing Activity Falls Marginally in February: PMI


Manufacturing Activity Falls Marginally in February: PMI
The PMI fell slightly to 57.5 in February from 57.7 in January, but goods producers expect output to increase over the year.
Representative image. Photo: Reuters
Economy01/Mar/2021
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. The headline figure for February remained above its long-run average of 53.6, the survey noted. ....

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