Manufacturing output shows early recovery as domestic orders improve

Manufacturing activity in India showed early stabilization as domestic orders improved, while analysts expect gradual industrial recovery if inflation stays contained and borrowing costs ease.

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9 days ago

Manufacturing output shows early recovery as domestic orders improve

Manufacturing output shows early recovery as domestic orders improve
India’s manufacturing activity showed early signs of stabilization as domestic order inflows improved across capital goods and consumer durables segments. Purchasing managers reported improved capacity utilization and moderate restocking by distributors ahead of the year end season.