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Factory Activity Growth Hits 6-Month High in Jan
Hindustan Times Rajasthan
|February 04, 2025
India's factory activity started 2025 on a positive note, growing at the quickest pace in six months in January, largely buoyed by resilient demand and strong output, a private survey showed on Monday, encouraging firms to hire at a record rate.
BENGALURU:
That could bring a sigh of relief for Asia's third-largest economy, which has seen a slowdown in growth over the past few quarters as consumption remains weak.
The HSBC final India Manufacturing Purchasing Managers' Index, compiled by S&P Global, rose to 57.7 last month from December's 12-month low of 56.4. It was a tad below an early estimate that showed a rise to 58.0.
The index has been above the 50-mark separating expansion from contraction since July 2021.
यह कहानी Hindustan Times Rajasthan के February 04, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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