New Delhi, May 13 -- India has emerged as the global frontrunner in both manufacturing and services activity, according to the latest Purchasing Managers' Index (PMI) data released by J.P. Morgan.

The report highlights that for April 2025, India's manufacturing PMI stood at 58.2, while the services PMI reached 58.7-marking the highest levels among developed and emerging economies alike.

The PMI is a widely tracked economic indicator that measures business activity in the manufacturing and services sectors. A PMI reading above 50 indicates expansion, whereas a figure below 50 reflects contraction.

India's robust performance, with both readings significantly above the threshold, points to continued steady growth and resilience in its eco...