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Factory activity at 10-mth high in April, exports surge
Business Standard
|May 03, 2025
India's manufacturing accelerated in April to grow at its fastest pace in 10 months, helped by exports and accompanied by a notable improvement in employment, a private survey said on Friday.
The HSBC India Manufacturing Purchasing Managers' Index (PMI), compiled by S&P Global, improved to 58.2 in April from 58.1 in March. A figure above 50 denotes expansion in manufacturing activity while below that signifies contraction. The headline figure has been in the expansion zone for the 46th month running.
"Total sales were supported by the second-fastest upturn in international orders since March 2011. Robust demand for Indian goods boosted firms' pricing power, with selling charges hiked to the greatest degree since October 2013," said the survey.
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