India’s economy continued to show strength in April, with both manufacturing and services sectors expanding at a solid pace:
Manufacturing PMI rose to 58.4 in April from 58.1 in March. This indicates faster growth in factory activity, driven by strong demand and new orders.
Services PMI jumped to 59.1, up from 58.5 last month. This shows strong business activity in services like finance, IT, and hospitality.
A PMI above 50 means expansion. The latest figures suggest that India’s economy is off to a strong start this financial year.
