India's Manufacturing PMI Hits Four-Month High India's manufacturing sector demonstrated robust growth momentum in February as the Purchasing Managers' Index surged to 56.9, marking its highest level in four months. This significant improvement reflects strong underlying economic activity and renewed business confidence across the industrial landscape. The expansion was primarily fueled by vigorous domestic demand, which continues to serve as the primary growth engine for India's manufacturing sector. Companies reported increased new orders from domestic customers, suggesting healthy consumption patterns and business investment appetite within the economy. This domestic strength has proven resilient despite various global headwinds affecting international commerce. However, the report reveals a mixed picture when examining export performance.
