Recent economic indicators suggest that India’s business activity remains resilient, defying concerns over global trade tensions, according to preliminary Purchasing Managers’ Index (PMI) data. The flash PMI readings point to sustained expansion in both manufacturing and services sectors, signaling underlying strength in domestic demand and private sector momentum. n nWhile external headwinds, including potential tariff increases and geopolitical uncertainties, have raised caution among investors, the latest survey results reflect confidence among Indian firms in maintaining production levels and employment. Output growth and new orders showed solid gains, supported by robust consumer spending and incremental improvements in supply chain efficiency. n nAnalysts note that the data underscores the economy’s ability to withstand international pressures, thanks in part to a focus on self-reliance initiatives and domestic investment. Policymakers may view the figures as validation of current economic strategies, though inflationary pressures and global financial volatility remain areas of watch. n nFor market participants and business leaders tracking India’s trajectory, the PMI performance offers a positive signal amid broader macroeconomic uncertainty. n
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India Economic Activity Bucks Tariff Fears, Flash PMIs Show
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