In February, India's business activity surged to a seven-month high, driven by robust demand across various sectors. The Purchasing Managers' Index (PMI) for India's manufacturing and services sectors rose to a significant level, indicating a positive trend in the country's economic landscape.
The increase in business activity was primarily fueled by solid demand from both domestic and international markets. This surge in demand has led to a boost in production levels, with many companies ramping up their operations to meet the growing needs of consumers.