HSBC India manufacturing PMI jumps to 17-month high
August 1, 2014
Business conditions in the Indian manufacturing sector improved for the ninth consecutive month in July, as companies scaled up production in response to robust levels of demand, the HSBC survey says
Moneylife Digital Team
India’s manufacturing sector growth jumped to 17-month high in July, driven by flood of new orders from both domestic and overseas companies due to post-election boost in sentiments, an HSBC survey said.