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EXPECTATION OF BETTER DEMAND CONDITIONS IN Q1 FY25 LIFTS MANUFACTURERS' SENTIMENTS
The Business Guardian
|April 10, 2024
The business expectations index of the survey remains firmly in growth terrain at 127.2 in QI of 2024-25.
The Indian manufacturing sector is optimistic on demand conditions in the April-June (Q1) of the new financial year 2024-25, with a strong community of the industry reporting better demand conditions in their assessment of production, order books, capacity utilisation and overall business situation for Q4 (January-March) of FY24. This is despite expectation that cost pressures from raw materials and salary outgo are likely to persist during April-June 2024.
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