India's manufacturing growth hits four-month high in February
- IBEF
- March 3, 2026
India’s manufacturing sector recorded a four-month high in February, as indicated by the Purchasing Managers Index (PMI), reflecting strong expansion in production and demand conditions. The rise in PMI was driven by increased new orders, higher output levels, and strong domestic demand, highlighting the resilience of the manufacturing sector despite global uncertainties. The data indicate sustained momentum in industrial activity, supported by favourable economic conditions and steady consumer demand. The improvement in manufacturing performance also reflects rising business confidence and positive market sentiment.
The expansion in the sector has been supported by higher input purchases, increased employment levels, and improved capacity utilisation among manufacturers. Firms also reported a rise in export orders, indicating improving external demand alongside strong domestic consumption. The continued expansion in manufacturing activity reflects the effectiveness of policy measures aimed at boosting industrial growth, improving ease of doing business, and enhancing production capabilities. The positive PMI trend reinforces India’s position as one of the fastest-growing major manufacturing economies, with sustained expansion expected to support overall economic growth.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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