scorecardresearch
Follow Us:
Friday, October 22, 2021

‘Manufacturing PMI improves on easing curbs, strong demand’

The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) improved from 52.3 in August to 53.7 in September, indicating a stronger expansion in overall business conditions across the sector.

By: ENS Economic Bureau | New Delhi |
October 2, 2021 2:31:19 am
With sales rising at a stronger rate, firms scaled up production and purchased additional inputs.

The country’s manufacturing sector activities improved in September as companies benefited from strengthening demand conditions amid the easing of Covid restrictions, a monthly survey said on Friday.

The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) improved from 52.3 in August to 53.7 in September, indicating a stronger expansion in overall business conditions across the sector.

With sales rising at a stronger rate, firms scaled up production and purchased additional inputs. There was also a faster upturn in international sales, the survey said.

📣 The Indian Express is now on Telegram. Click here to join our channel (@indianexpress) and stay updated with the latest headlines

For all the latest Business News, download Indian Express App.

  • Newsguard
  • The Indian Express website has been rated GREEN for its credibility and trustworthiness by Newsguard, a global service that rates news sources for their journalistic standards.
  • Newsguard
Advertisement
Advertisement
Advertisement
Advertisement