New Delhi, Feb. 3 -- India's manufacturing growth, which moderated in December, rose to a six-month high in January on the back of rising new export orders, a private survey released on Monday said.
The HSBC India Manufacturing Purchasing Managers Index (PMI), compiled by S&P Global, came in at 57.7 in January, up from 56.4 in December and 56.5 in November. It was 57.5 in October and 56.5 in September. A PMI reading above 50 indicates an expansion and below 50 a contraction.
The January PMI number was based on responses from 400 manufacturers. "Following a moderation in growth during December, Indian goods producers kicked off 2025 on a robust note. With new orders rising at the quickest pace since last July, fuelled by the steepest upt...
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