Purchasing Managers Index (PMI)

Purchasing Managers Index (PMI)

Your cover story on India’s manufacturing sector in the most recent issue was meticulous and well-researched. I agree with your view that the manufacturing sector is poised to take a big leap forward, propelled mainly by the government’s initiatives. Can you explain what is the Purchasing Managers’ Index (PMI), how it works and its significance? - Vineeta 

 

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