Tuesday, March 04, 2025 | 01:07 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Indian factories end 2021 on strong note despite dip in momentum in Dec

The PMI survey results reinforce evidence of a continued recovery in Asia's third-largest economy from the coronavirus pandemic-induced slump.

Indian economy, reforms, policy, manufacturing, make in india
Premium

Vivek Mishra | Reuters Bengaluru
India's manufacturing sector ended 2021 on a solid footing with growth in new orders and output remaining sharp despite losing some momentum in December, but elevated price pressures were still a concern, a private survey showed.

The Manufacturing Purchasing Managers' Index, compiled and collected by IHS Markit Dec. 6-17, fell to 55.5 in December from November's 57.6 though it stayed above the 50 mark that separates growth from contraction for a sixth month.

The survey results reinforce evidence of a continued recovery in Asia's third-largest economy from the coronavirus pandemic-induced slump. That and rising price pressures may add to expectations the Reserve

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in