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Tag: Manufacturing

India’s Manufacturing PMI hits 4-month high in April.

According to a monthly poll released on Monday, manufacturing operations in India/ PMI increased even more in April. They further reached a four-month high, driven by strong new business growth, moderate price pressure, stronger overseas sales, and better supply-chain conditions. The S&P Global India Manufacturing...

GDP growth of India drops to 4.4% due to manufacturing.

According to data released by the National Statistical Office (NSO) on Tuesday, India's Gross Domestic Product (GDP) growth slowed to a three-quarter low of 4.4% in October–December 2022–23. Primarily because of a 1.1% contraction in manufacturing, as well as weaker private consumption demand and...