India's manufacturing PMI expanded from 55.3 in Feb to 56.4 in March. This comes as the 21st month of manufacturing PMI remaining above 50.
A PMI reading of more than 50 reflects an expansion in manufacturing activity and a number that's less than 50 shows a contraction.
"India's manufacturing sector posted a remarkable performance at the end of the final fiscal quarter, as growth of factory orders and production quickened to the strongest in three months," S&P Global said in a statement.
This also comes on the back of strong GST collections of Rs 1.6 lakh crore in March, which is among the highest GST collections seen since its introduction.