New Delhi, May 12 -- India has topped the global charts in both manufacturing and services activity, according to the Purchasing Managers' Index (PMI) data in report released by J.P. Morgan.

The report data highlighted that for April 2025, India's manufacturing PMI stood at 58.2, while its services PMI came in at 58.7. These are the highest figures among both developed and emerging markets.

The PMI is an important indicator of economic health in the manufacturing and services sectors. A PMI above 50 shows expansion, while below 50 indicates contraction. India's strong numbers signal that the country's economy continues to grow at a steady pace.

Compared to other large economies, India is doing significantly better. For example, China's...