Purchasing Managers’ Index

India’s manufacturing sector witnessed faster growth in April, 2022, sequentially, due to quicker increases in production and factory orders, as well as renewed expansion in international sales.

  • The Index (PMI) rose from 54 in March to 54.7 in April.

About PMI

  • It is an indicator of business activity -- both in the manufacturing and services sectors.
  • It is a survey-based measures that asks the respondents about changes in their perception of some key business variables from the month before.
  • The PMI is derived from a series of qualitative questions.
  • Executives from a reasonably big sample, running into hundreds of firms, are asked ....
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