Manufacturing activity surges to four-month high of 56.9 in February as factory momentum strengthens
Manufacturing activity surges to four-month high of 56.9 in February as factory momentum strengthens
The improvement in factory activity comes after India’s economic growth eased to 7.8 percent in the October–December quarter
Manufacturing PMI in February
India’s manufacturing activity picked up to a four-month high in February, signalling improving industrial momentum even as overall economic growth moderated during the fiscal year.
The manufacturing Purchasing Managers’ Index (PMI) rose to 56.9 in February, up from 55.4 in January, marking the strongest expansion since October and reversing the softness seen toward the end of 2025. A reading above 50 indicates expansion in activity.
Manufacturing offsets broader growth moderation
The improvement in factory activity comes after India’s economic growth eased to 7.8 percent in the October–December quarter, according to new GDP series data released on February 27. Growth had been revised higher to 8.4 percent in Q2, while the first quarter estimate was lowered to 6.7 percent, indicating uneven momentum through the year. Stock to keep on radar