India’s Manufacturing Sector Growth Eased Slightly In February: PMI


India’s Manufacturing Sector Growth Eased Slightly In February: PMI

India’s manufacturing sector growth eased slightly in February as factory output and new business orders rose at a slower pace, says a monthly survey.

The Nikkei India Manufacturing Purchasing Managers Index (PMI) fell from 52.4 in January to 52.1 in February, indicating a modest improvement in operating conditions.

This is for the seventh consecutive month that the index remained above the 50-point-mark that separates expansion from contraction. Read More…

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