@sauntheninja @Bhumihar @FalconSlayers etc whoever is blindly believing that CMIE's data that:-
Indians employed in manufacturing in 2016-17 were 57 Million
Indians employed in manufacturing in 2017-2020 were ~40 Million
Indians employed in manufacturing in 2020-21 were 27.3 Million
Here is the Manufacturing PMI data for India:-
https://tradingeconomics.com/india/manufacturing-pmi
Its consistently above 50 (barring two minor dips pre-Covid and one major dip due to Covid). Can anyone care to tell me how PMI manages to stay above 50 and yet the number of Indians employed in manufacturing drops by 17 Million pre-Covid?
And look at the PMI since September last year. Consistently above 55. Clear signs of recovery post-Covid.