India’s manufacturing PMI rises to 55.1 in September, hits seven-month high

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India’s manufacturing Purchasing Managers’ Index (PMI), compiled by HSBC, rose to 55.1 in September from 52.8 in August, marking the strongest expansion in the sector in seven months. Stronger domestic and overseas demand boosted new orders and production, while hiring resumed and business confidence improved.

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India’s manufacturing PMI rises to 55.1 in September, hits seven-month high

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