Manufacturing activity at 17-&-half-year high in Aug: PMI...

Manufacturing activity at 17-&-half-year high in Aug: PMI survey

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India's manufacturing sector surged in August, reaching a 17-and-a-half-year high with a PMI of 59.3, according to HSBC. Production expanded at its fastest rate since late 2020, fueled by robust new orders. Companies increased material purchases and job creation, reflecting optimism.

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