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High-gear factories
Mint New Delhi
|September 02, 2025
After India's April-June GDP outperformance, we have a fresh data reading that suggests Indian factories have lost no momentum in the quarter that's underway.
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The HSBC India Manufacturing Purchasing Managers' Index (PMI) released on Monday shows a rise to 59.3 in August, the highest in more than 17 years. While the past few months have logged readings in the high 50s, well above the 50 mark that separates expansion from contraction, a level near 60 points to facto
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