Category: Manufacturing

India’s Manufacturing PMI Expands At Fastest Rate To 53.1 In June

Driven by demand and consequently enhanced output, India's manufacturing PMI has expanded at the highest pace in the June month to 53.1 as against 51.2 in the earlier month. At the same as per the business survey the cost of input material has also increased at the fastest pace in four years. The momentum in factory growth highlights strong economic activity for the last ended quarter in June,...