FX.co ★ India's Manufacturing Output Soars to 5% in February 2024

India's manufacturing sector experienced a significant surge in output in February 2024, with the indicator reaching a robust 5%. This marks a substantial increase from the previous month, where the indicator had stagnated at 3.2% in January 2024. The latest data update on 12 April 2024 highlights the impressive growth in the manufacturing output, signaling a positive momentum in India's industrial landscape.

The month-over-month comparison underscores the dynamic nature of India's manufacturing sector, showcasing a noteworthy acceleration in production within a short span. The latest figures indicate a promising trajectory for the country's economic growth, with the manufacturing output surpassing expectations and setting a strong foundation for future expansion and development.