Industry

India’s February PMI jumps to four-month high on strong domestic demand

March 2, 2026

India's manufacturing sector experienced significant growth in February, with the HSBC India Manufacturing PMI rising to 56.9, its highest in four months, reflecting strong domestic demand. This increase was driven by a surge in new orders and output, despite a slowdown in export growth.

India’s February PMI jumps to four-month high on strong domestic demand. (

Credit: Reuters)

Key Highlights

HSBC India Manufacturing PMI rose to 56.9 in February from 55.4 in January.
The rise in PMI indicates improved operating conditions in the manufacturing sector.
The expansion was fueled by strong domestic demand, increasing new orders and output.
Export growth slowed to its weakest level in nearly 18 months.

Business India

Sources

India’s February PMI jumps to four-month high on strong domestic demand

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

India’s February PMI jumps to four-month high on strong domestic demand

Key Highlights

Sources

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