The Indian Economic 
Scan-shot 

March

2023

(with data from Feb '23)


The hottest recorded February for India. Nothing could highlight more our need for reducing our carbon footprint. Not an easy task when the economy is banking on the manufacturing sector in the near future.

The growth recorded in Manufacturing production (3.7%) and Construction output (a massive 7.8%) bear testimony to the nation's efforts to grow. The spurt in the services PMI (a sharp 59.4) is the other good news!

Most other indices were stable but, courtesy the US Fed's hawkish stance, net equity inflow has languished for 2 months, and the Sensex reflects that. Thanks to the RBI, however, Inflation is down. As is unemployment. Yeah RBI! As we march on to April, will the weather Gods be kind to our critical Kharif crop?

Wish you a very happy new financial year. Your P&L starts now!


Team Insights @Laqshya Media Group



Economic Indices


GST Collection[1]
(INR '000 Cr)

Net Equity Inflow[2]
(INR '000 Cr)


Exports[3]
(US$ Bn)

Imports[4]
(US$ Bn)


Sensex[5]

Consumer Confidence Index[6]


Forex Reserves[7]
(US$ Bn)

Unemployment Rate[8] (%)

8
8.3
7.14
7.45
Nov
Dec
Jan
Feb

Inflation Rate[9] (%)

5.88
5.72
6.52
6.44
Nov
Dec
Jan
Feb

Manufacturing PMI[10]

Services PMI[11]


Construction Output Growth[12]
(%)

Manufacturing Production YoY
Growth
[13] (%)


Auto Production & Domestic
Sales
[14] (Lakh Units)

Passenger Vehicle Sales[15]
(Lakh Units)


Domestic Flights[16]
('000)

Domestic Passengers[17]
('000)





[1] GST Council
[2] AMFI
[3][4] Ministry of commerce and Industry
[5] BSC     [6][7] RBI
[8] Unemployment India
[9] MOSPI
[10][11] Markit Economics
[12] Office of the economic adviser
[13] MOSPI
[14] SIAM
[15] Auto Pundits
[16][17] AAI