India’s Manufacturing PMI Expands At Above-Trend Rates Amid US Tariffs
New Delhi: India’s manufacturing industry registered another round of impressive growth, with total new orders and output again expanding at above-trend rates, according to the HSBC India Manufacturing Purchasing Managers’ Index (PMI) released on Monday. Registering 56.6 in November, the seasonally adjusted PMI – a single-figure indicator of sector performance – was comfortably above the…
