The manufacturing sector in India performed exceptionally well in July, showing strong growth and maintaining its position as one of the top performers globally. This positive trend has been continuing for the past 25 months, with business conditions improving consistently. The S&P Global India Manufacturing Purchasing Managers’ Index (PMI) for July was 57.7, which is ...

India’s latest PMI hit the record high number of 57.2 which is the highest scale in last 31 months. India’s economy is growing at the world’s fastest speed of 7%. India’s manufacturing Purchasing Managers’ Index (PMI) reached a significant milestone in May, hitting a 31-month high.  According to S&P Global, the seasonally adjusted PMI rose ...

In a much-needed relief for the Union Government, economic activities in the country are picking up pace in the post-pandemic recovery process. Key economic indicators such as GST collections, manufacturing activity and auto sales have shown signs of mild recovery in the month of September. In a major development, Goods & Service Tax (GST) collected ...

Indian manufacturing industry has been hit severely after the corona virus lockdown hit. According to data compiled by IHS Markit recently, the India Manufacturing Purchasing Managers’ Index (PMI) recorded a fall to 27.4 in April from 51.8 in March 2020, keeping in mind seasonally adjustments. It is worth noting that a reading of less than ...