Composite Pmi in India increased to 53.70 points in December from 52.70 points in November of 2019. Composite Pmi in India averaged 51.74 points from 2013 until 2019, reaching an all time high of 55.40 points in October of 2016 and a record low of 46 points in July of 2017. source: Markit Economics
Composite Pmi in India is expected to be 51.00 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 52.50 in 12 months time. In the long-term, the India Composite Pmi is projected to trend around 52.50 points in 2020, according to our econometric models.