💨 Abstract

The Indian manufacturing sector experienced a significant growth in April, with output increasing at its fastest pace since June 2024, as per a monthly survey. The HSBC India Manufacturing PMI rose from 58.1 in March to 58.2 in April, indicating a ten-month high in sector health. The growth was driven by a sharp rise in new business, both domestic and international, and an uptick in employment and purchasing activity.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖