The manufacturing Purchasing Managers’ Index (PMI) rose from 56.4 in December to 57.7 in January -- the strongest improvement seen by the sector in the last three months.
The seasonally-adjusted Nikkei India Manufacturing Purchasing Managers' Index (PMI) -- a composite single-figure indicator of manufacturing performance -- was up from 51.1 in February to an eight-month high of 52.4.
Nikkei India Manufacturing PMI stood at 50.7 in October, down from 51.2 in September, reflecting a weaker improvement in business conditions across the sector.
Upturn was also seen in the seasonally adjusted Nikkei India Composite PMI Output Index, which climbed to 52.0 from 49.2 in June to signal a modest increase in activity.