💨 Abstract
India's manufacturing sector growth reached an eight-month high in March, due to increased factory orders and production, driven by robust demand conditions. The HSBC India Manufacturing Purchasing Managers' Index (PMI) rose to 58.1, up from 56.3 in February, signifying a substantial improvement in the sector's health. The New Orders Index, the sector's largest sub-component, contributed significantly to the recovery.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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