Showing results for "#Manufacturing Sector"

India's business activity surges to 3-month high in July

Job creation rose at the fastest pace since April 2006, supporting overall business confidence at the start of this quarter, the survey added.

The industrial growth rate for April-December 2023 now works out to 7% as compared to 5.5 percent in April-December 2022.

The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) recovered from an 18-month low of 54.9 in December to 56.5 in...

After contracting by 5.8 per cent in 2020-21, the economy recorded a growth of 9.1 per cent in 2021-22.

Despite loss of growth momentum, it still expanded strongly last month on account of increasing factory orders, output

The strong performance of the manufacturing sector is expected to continue in 2024 as well.

The Chinese survey echoed a downbeat official PMI reading on Tuesday, which also showed an unexpected contraction in activity, casting doubt over...

However, the PLI scheme has not produced the desired results in other segments such as the manufacture of solar PV modules, and electric vehicles.