March 3, 2025 2:36 PM
India’s manufacturing sector continues strong growth in February, driven by robust demand
The Indian manufacturing sector maintained its strong start to 2025 in February, according to an HSBC survey published on Monday. Although the pace of expansion softened slightly, the growth rates for output, employment and sales remained comfortably above the long-run average. Favourable domestic and international demand prompted firms to increase purchasing activity and hire extra workers at above-trend rates. However, demand buoyancy kept charge inflation at an elevated level despite softer ...