New Delhi, July 2 -- India's PMI is expected to stay firm in the 57-59 range in FY27, with IT and healthcare as key growth drivers, while manufacturing recovery led by autos, metals and construction materials will likely depend on easing input costs, West Asia conflict resolution, sustained capex and PLI-led investments, according to a Brickwork report.

The report said India's PMI landscape reflects a cautiously optimistic outlook, with the services sector remaining resilient and supporting consumption and job creation, even as manufacturing activity moderates amid the West Asia conflict and elevated input costs.

It noted, while composite PMIs maintained a firm expansionary trajectory, with manufacturing in the 56-58 range and services ...