By Mustafa for RAHAMATABAD.COM
Date: February 21, 2025
New Delhi: India’s business activity has surged to its highest level in six months, driven by strong growth in the services sector and increased employment, according to the latest Purchasing Managers’ Index (PMI) data.
The PMI for February 2025 recorded a sharp rise, indicating robust expansion in business activity. The services sector, which includes industries like IT, retail, and hospitality, has been a key driver of this growth, benefiting from rising consumer demand and increased digital adoption.
Meanwhile, employment figures have also improved, with companies expanding their workforce to meet growing business needs. The positive trend has boosted investor confidence, with stock markets responding favorably to the latest data.
Economists attribute the strong performance to stable macroeconomic policies, improved business sentiment, and government initiatives to boost economic growth. However, concerns remain over inflationary pressures and global uncertainties that could impact future expansion.
With India’s economy showing resilience, policymakers are expected to focus on sustaining this momentum while addressing potential risks in the financial sector.