India Manufacturing PMI Hits 16-Month High of 59.1 in March 2026.

Economy & Business | Dated: 09 Apr 2026

According to the latest S&P Global India Manufacturing Purchasing Managers Index (PMI), the sector surged to a massive 16-month high of 59.1 in March 2026. This impressive growth was fueled entirely by robust domestic demand and heavily increased export orders.

🎯 Key Highlights:

  • A PMI reading above 50 strictly indicates absolute expansion in the sector.
  • Job creation within the sector hit the highest level in almost three years.
  • Input cost inflation remained completely stable during this growth phase.

💡 Other Important Facts:

  • Indicator: Manufacturing PMI.
  • Value: 59.1.
  • Month: March 2026.

📚 Test Your Knowledge:

According to the S&P Global report, what was India Manufacturing PMI reading that hit a 16-month high in March 2026?

Correct Answer: 59.1

🚀 Quick Recap:

About Purchasing Managers Index

  • Above 50 - Expansion
  • Below 50 - Contraction