India's economic activity reached a 14-year high in April, driven by manufacturing and services sectors, as per HSBC's survey.
India's economic activity surged to a near 14-year high in April due to strong performances in manufacturing and services sectors, according to HSBC's survey. The HSBC composite purchasing managers' index for India increased to 62.2 in April from 61.8 in March. Strong performance in both sectors led by increased new orders resulted in the highest composite output index since June 2010.
April 23, 2024
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