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The HSBC HOLDINGS manufacturing PMI for March is 58.1, the highest level in eight months.

In March, India's HSBC manufacturing PMI reached 58.1, the highest level in eight months. The HSBC manufacturing purchasing managers' index (PMI) stood at 58.1, exceeding the previous month's 57.6 and marking the highest level in eight months. Additionally, the Reserve Bank of India (central bank) is expected to lower the policy interest rate from 6.25% to 6.00%.

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The HSBC HOLDINGS manufacturing PMI for February is 56.3, the lowest level in 14 months.

In February, India's HSBC HOLDINGS manufacturing PMI was 56.3, marking a 14-month low. The final value of the manufacturing purchasing managers' index (PMI) was 56.3, down from the previous month's 57.1, hitting the lowest level in 14 months. The services PMI for the same month also decreased from 61.1 to 59.0. Meanwhile, due to the easing of inflation rates, authorities are expected to implement additional monetary easing measures.

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