Indian manufacturing sector growth seen to accelerate further in February 2024India’s manufacturing sector entered the end of this fiscal (FY24) with a further pick-up in growth in February, according to the HSBC India purchasing managers’ index (PMI). The seasonally-adjusted HSBC India manufacturing PMI recovered further from December’s 18-month low, rising from 56.5 in January to 56.9 in February, pointing to the strongest improvement in the health of the sector since September last year. Production rose at the fastest pace in five months, fuelled the quickest increase in sales since last September and the strongest expansion in new export orders for 21 months, according to a release from S&P Global.