• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources

Group Sites

• The Hindu
• Business Line
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

NEW INDEX: Mr Richard Willis (left), Commercial Director, NTC Research, with Mr Brijesh Mehra, Country Corporate & Investment Bank Head, ABN-Amro Bank, at a press conference to launch the India PMI report on manufacturing in Mumbai. — Paul Noronha

Mumbai , April 13

NTC Research is conducting research for ABN-Amro to evolve the `India Purchasing Manager's Index (PMI)'- a composite indicator designed to provide an overall view of the activity in the manufacturing sector.

PMIs are monthly surveys of selected companies which provide an advance indication of what is happening in the private sector by tracking variables such as business activity, new orders, employment and prices across all sectors of the economy.

The survey in India is based on questionnaire responses from a panel of senior or purchasing executives in over 500 companies from the manufacturing sector in India.

Mr Luke Thompson, Senior Economist, NTC Research, said that PMI readings above 50.0 signal an improvement in business conditions while readings below 50.0 show deterioration.

The questionnaire covers economic variables such as output, new orders, export orders, stocks of finished goods, employment index, and input and output prices.

More Stories on : Marketing Research | Economy

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
AVM, Spirit Media float jt venture

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line