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Factory output data improves in February

Factory output data improves in February

Wednesday, March 1, 2017, 3:22 PM

According to a monthly survey, Indian manufacturing sector expanded marginally in February as a rebound in export demand, contributed to a very strong expansion of total new orders. An indicator of manufacturing activity, the Nikkei Markit India Manufacturing PMI increased to 50.7 in February, up from 50.4 in January, as output and order books increased quickly.
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