India's economic momentum stays strong with composite PMI at 60.7 in July 2024

New Delhi [India], August 8 (ANI): The composite Purchasing Managers' Index (PMI) stood at 60.7, in July, reflecting buoyant economic activity, though the pace of acceleration had eased compared to the previous month which was at 60.9, according to Anand Rathi report.

The Services PMI, recorded at 60.3 in July 2024, has consistently held above the 60-mark for seven consecutive months. This sustained performance is attribu