The IHS Markit India Composite PMI increased to 46 in August of 2020 from 37.2 in the previous month, signaling a fifth consecutive decline in private sector
business activity. The latest figure was indicative of the slowest pace of contraction in the current period of decline, however.
Composite Pmi in India averaged 50.42 points from 2013 until 2020, reaching an all time high of 57.60 points in February of 2020 and a record low of 7.20 points in April of 2020. This page provides - India Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. India Composite Pmi - values, historical data and charts - was last updated on September of 2020. source: Markit Economics
Composite Pmi in India is expected to be 52.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Composite Pmi in India to stand at 52.30 in 12 months time. In the long-term, the India Composite Pmi is projected to trend around 52.50 points in 2021, according to our econometric models.