India Manufacturing PMI Rises to 7-Month High on Strong Demand
India's manufacturing sector expanded sharply in September, reaching its fastest growth in seven months due to robust demand. The HSBC India Manufacturing Purchasing Managers' Index showed revived hiring and lifted business confidence.
India's manufacturing sector expanded sharply in September, ending a three-month slowdown as strong demand drove factory activity to its fastest pace in seven months, according to a private survey released on Thursday. The report said hiring improved and business confidence rose.