Purchasing Managers Index (PMI)

India’s manufacturing sector activity surged in March with new orders and output levels rising at the fastest pace since October 2020.

[{"selector":"#anim-292d45db-32df-44c5-a346-ad383522c0c3","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-52265075-372a-4740-b58e-b3292ff2eb65","keyframes":{"transform":["translate3d(0px, 367.57099%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c7619f7b-ba52-4638-94f4-2e8de3230806","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8f8717a3-37fc-4fb3-abbb-8ec7e4955241","keyframes":{"transform":["translate3d(0px, 115.35623%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

It lifted the HSBC India Manufacturing Purchasing Managers Index (PMI) to a 16-year high of 59.1 from 56.9 in the previous month.

[{"selector":"#anim-57b35191-9d21-46b7-a46f-84473369a9c5","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e740915e-ffc8-4386-ac0a-6180fdcac844","keyframes":{"transform":["translate3d(0px, 436.26544%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3415c384-3da6-4c57-886f-619a9fef80d7","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d6804106-1404-474f-992b-d6c16408ec8e","keyframes":{"transform":["translate3d(0px, 115.17526%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

PMI is an index that measures the month-over-month change in economic activity within the manufacturing sector.

[{"selector":"#anim-6df1e58d-be96-439e-9741-54cd5c93950f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-95914c92-c91c-41f2-b5a5-69ba2d7d1e6c","keyframes":{"transform":["translate3d(0px, 429.32101%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ab935679-835b-4660-89dc-1bb5f86528b5","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a854cbe5-2703-4c0e-a9bb-ef935bad4896","keyframes":{"transform":["translate3d(0px, 114.79004%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

A reading of over 50 on the index indicates growth in activity levels and is calculated for both manufacturing and services.

[{"selector":"#anim-4891f8fa-d475-479e-ab5e-ff6a599989d2","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-be20c3ce-85d9-4315-a4f4-e1d86cbdf503","keyframes":{"transform":["translate3d(0px, 430.70988%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2fd4ddb3-608a-474c-9c5b-bb1ef4f25d83","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0d821630-e591-4167-98d9-48052b7c7439","keyframes":{"transform":["translate3d(0px, 116.74225%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

The Purchasing Managers Index is a measure of the prevailing direction of economic trends in manufacturing.

[{"selector":"#anim-12188d9e-5fbe-41c3-baa3-0a4219e26f85","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8cd4d628-ffd7-4d59-8dff-2ef19ed68e86","keyframes":{"transform":["translate3d(0px, 420.29323%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7039ee5e-094d-4b49-8b06-ea0bdf711ddf","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5f3f0f0d-551e-47c0-b0d9-f567817664b7","keyframes":{"transform":["translate3d(0px, 115.66854%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Click here....

[{"selector":"#anim-5eea4bfa-3a4f-4ddb-a6c3-cb84286eb370","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f5231eac-59ca-417a-a42f-cd4beaf766d9","keyframes":{"transform":["translate3d(0px, 540.07999%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9bfde69a-1374-46aa-bf24-e3f8a92b447c","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e170ea16-5892-492e-825d-d8339a007893","keyframes":{"transform":["translate3d(0px, 267.01958%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]