Tag Archives: IHS Markit

India’s manufacturing activity expanded at its fastest pace in more than eight years in September, as a relaxation in coronavirus lockdown restrictions fueled a surge in demand and production, a private survey showed Thursday, though layoffs continued. Signs of recovery are good news for Asia’s third-largest economy, which is expected …

NEW DELHI: India’s manufacturing output expanded for the first time in five months in August, indicating a shift in industrial activity following the gradual relaxation of lockdown restrictions, starting in June, according to a private survey. According to data analysis firm IHS Markit, India’s Purchasing Managers Index (PMI) for the …