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India’s Manufacturing Boom

India’s Manufacturing Boom

Manufacturing Boom

India’s manufacturing industry witnessed its strongest expansion in eight months, fueled by rising domestic demand. The HSBC India Manufacturing PMI climbed to 58.1 in March, up from 56.3 in February, reflecting a robust economic momentum. This surge highlights increased production activity, stronger order inflows, and improved business confidence, signaling a positive outlook for the sector.

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