India’s composite PMI hits 8-month high in April

India's private sector experienced robust expansion in April, reaching an eight-month high driven by strong demand and a surge in foreign orders, particularly for manufactured goods. The Composite PMI climbed to 60.0, signaling the strongest growth since August, with manufacturing hitting a one-year high. New export orders soared, boosting output and employment across both manufacturing and service sectors.

from Times of India https://ift.tt/hN1Serg