India's manufacturing activity expanded at the fastest pace in five months in February amid robust demand both domestically and internationally, survey results from S&P Global showed on Friday.
The seasonally adjusted HSBC Manufacturing Purchasing Managers' Index rose to 56.9 in February from 56.5 in January. A score above 50.0 indicates expansion.
Factory orders and output grew at the quickest pace in five months. The capital goods category was largely responsible for the significant increase in output. Favourable sales demand in February was attributed to fruitful marketing efforts.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.