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APRIL PMI SIGNALS SECOND-BEST GAIN IN MANUFACTURING SECTOR IN 42 MONTHS

Why in the news? India’s manufacturing sector records strong performance in April, with robust domestic demand driving growth, according to HSBC’s PMI survey. source:researchgate About Manufacturing Activity : HSBC India Manufacturing PMI indicates slight easing in April but remains at 58.8, marking the second-best improvement in 42 months. New orders surge at the second-fastest pace …

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