I know investors have given up on India .. but India just recorded the highest composite PMI in 6 months … in complete contrast to US PMI announced today. The details are even more positive “The HSBC India Composite PMI increased to 60.6 in February 2025 from 57.7 in the previous month, flash data showed. This was the highest figure since last August, significantly topping its long-run average of 54.1. Service activity rose the most in eleven months while the manufacturing sector slowed. New orders went up the most in six months, mainly driven by the steepest upturn in new business intakes since August for service providers. Further, foreign sales grew at the fastest rate in 7 months, with goods producers leading in this area. Job creation hit a new series peak despite another rise in outstanding business. Regarding inflation, input prices were moderate by historical standards, with the inflation rate hitting a 4-month low” Rising PMI in India with contained inflationary pressure is complete opposite of U