India’s private sector witnessed significant growth in April, hitting an eight-month high due to a surge in demand and foreign orders, especially for manufactured goods. The Composite PMI rose to 60.0, indicating the most substantial expansion since August, with manufacturing reaching a one-year peak. The increase in new export orders led to a rise in production and employment in both the manufacturing and service industries.
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India’s private sector sees strong growth in April; Composite PMI hits eight-month high at 60.0
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