India, March 2 -- India's manufacturing activity accelerated to a four-month high in February, driven by strong domestic demand, even as growth in new export orders moderated, according to a monthly survey released on Monday.
The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) rose to 56.9 in February from 55.4 in January.
In PMI terms, a reading above 50 indicates expansion in activity, while a figure below 50 signals contraction.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....