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India tops global PMI rankings among developed and emerging markets: JP Morgan
India has emerged as a global leader in both manufacturing and services, according to JP Morgan's April 2025 PMI report. With manufacturing at 58.2 and services at 58.7, India's PMI figures outpace other major economies like China, the US, and Europe. This reflects strong domestic demand and overall economic expansion, contrasting with sluggish or contracting activity elsewhere.
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