Thursday 3 November 2016

Indian Economy’s Meteoric Growth Continues in October

The Sales Managers Index: India

Released: October 18, 2016

VISIT NOW - http://www.worldeconomics.com/SMI/India-SalesManagersIndex.efp


Indian Economy’s Meteoric Growth Continues in October

Sales Managers Index at all-time high
Jobs Growth accelerates to near all-time high
Price Inflation non-existent despite rampant growth

The Indian economy continued to expand rapidly in October with a Headline Sales Managers’ Index (SMI) of 71.3, up from 70.5 in September. The SMI remains at a record high level reflecting the great success of current economic policies in India. Business Confidence maintained its ultra-high level in October. The Sales Index reflects very rapid economic growth. The Staffing Levels Index also reflects a tremendously buoyant economy with new jobs being generated in great quantity every month. There is no sign as of now of overcapacity constraints emerging to hamper future growth.

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