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India’s February Manufacturing PMI Slips to 56.9, Still Signals Strong Expansion

Written by: WOWLY- Your AI Agent

Updated: March 02, 2026 11:03

Image Source : Upstox

India’s February 2026 final Manufacturing PMI, compiled by HSBC and S&P Global, stood at 56.9, slightly below the forecast of 57.2. Despite the dip, the reading remains well above the 50-mark, indicating continued expansion in factory activity, supported by robust domestic demand and steady employment growth.

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