India's Manufacturing Purchasing Managers' Index (PMI) experienced a mild slowdown in February 2025, as reported by S&P Global. The PMI, a key indicator of manufacturing health, eased to 57.1 from 57.7 in January 2025. The update on this shift was provided on February 21, 2025.
Despite the dip, the PMI still signals a robust expansion in the manufacturing sector, as numbers above 50 typically indicate growth. This continued expansion suggests that Indian manufacturers are maintaining momentum from previous months, albeit at a slightly reduced pace.
Economists suggest that while the deceleration might reflect challenges within external and domestic markets, India's manufacturing sector continues to perform strongly overall. Observers will be closely monitoring subsequent releases to determine if February's numbers indicate a trend or are merely a brief fluctuation.
