The Composite PMI in India declined to 56.0 points in March 2021 from 57.30 points in the previous month, signaling expansion for the seventh month running. Softer increases were recorded in the manufacturing and service sectors. Meantime, inflows of new work across the private sector rose for the seventh straight month, with the rate of growth softened. At the same time, employment declined further, marking a 13-month sequence of job shedding. On the price front, input prices inflation eased slightly. As a result, companies increased their average charges marginally. source: Markit Economics

Composite PMI in India averaged 50.82 points from 2013 until 2021, reaching an all time high of 58 points in October of 2020 and a record low of 7.20 points in April of 2020. This page provides - India Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. India Composite PMI - values, historical data and charts - was last updated on April of 2021.

Composite PMI in India is expected to be 53.80 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Composite PMI in India to stand at 53.00 in 12 months time. In the long-term, the India Composite PMI is projected to trend around 51.10 points in 2022 and 51.50 points in 2023, according to our econometric models.

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India Composite PMI

Actual Previous Highest Lowest Dates Unit Frequency
56.00 57.30 58.00 7.20 2013 - 2021 points Monthly
SA

India Business Last Previous Highest Lowest Unit
Business Confidence 114.10 111.40 127.50 96.40 points [+]
Services PMI 54.60 55.30 57.50 5.40 points [+]
Manufacturing PMI 55.40 57.50 58.90 27.40 points [+]
Industrial Production -1.60 1.60 19.90 -57.30 percent [+]
Industrial Production Mom -1.00 8.30 67.00 -53.90 percent [+]
Manufacturing Production -2.00 2.10 24.30 -66.60 percent [+]
Changes in Inventories 408.32 712.08 731.25 184.29 INR Billion [+]
Car Production 193382.00 185416.00 292861.00 7277.00 Units [+]
Car Registrations 190484.00 190183.00 304900.00 2753.00 [+]
Internet Speed 6492.06 5567.50 6492.06 784.09 KBps [+]
IP Addresses 9378846.00 9261013.00 14278593.00 1768679.00 IP [+]
Total Vehicle Sales 1551.00 1532.00 2332.00 332.00 Hundreds [+]
Steel Production 9100.00 10000.00 10042.00 0.00 Thousand Tonnes [+]
Mining Production -3.70 -4.20 13.00 -26.90 percent [+]
Capacity Utilization 63.30 47.30 83.20 47.30 percent [+]
Competitiveness Index 61.36 62.02 62.02 4.20 Points [+]
Competitiveness Rank 68.00 58.00 71.00 42.00 [+]
Composite PMI 56.00 57.30 58.00 7.20 points [+]
Cement Production 29038.00 29553.00 33124.00 4077.00 Thousands of Tonnes [+]
Ease of Doing Business 63.00 77.00 139.00 63.00 [+]
Electricity Production 299465.00 266308.00 299465.00 27666.00 Gigawatt-hour [+]
Deposit Growth 11.40 12.10 29.30 2.70 percent [+]
Corruption Index 40.00 41.00 41.00 26.30 Points [+]
Corruption Rank 86.00 80.00 95.00 35.00 [+]


India Composite PMI
In India, the Nikkei India Composite Output Index is a weighted average of the Manufacturing Output Index and the Services Business Activity Index and tracks business trends across private sector activity, based on data collected from a representative panel of around 800 companies. The index tracks variables such as sales, new orders, employment, inventories and prices. A reading above 50 indicates expansion in business activity and below 50 indicates that it is generally declining. .