
Manufacturing growth at 8-mth high on surge in new orders, demand: PMI
NEW DELHI: Manufacturing activity in the country rose at its fastest pace in eight months as demand improved and new orders surged despite a softer rise in exports. Registering 58.1 in Mar, the HSBC India Manufacturing Purchasing Managers’ Index (PMI) was up from 56.3 in Feb to its highest mark in eight months. March’s acceleration…