April 3, 2023 1:34 PM

India's manufacturing PMI hit 3-month high in March amid demand resilience

India's manufacturing PMI hit a 3-month high in March amid demand resilience. India's manufacturing sector expanded at its quickest pace in three months, boosted by faster expansions in new orders and output amid demand resilience and easing of cost pressures, a private business survey showed today. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) rose from 55.3 in February to 56.4 in March at a three-month high. The PMI r...