Manufacturing activity in India reaches a three-month high, despite job cuts

Manufacturing activity in India reaches a three-month high, despite job cuts.

According to a private business poll, although employers cut positions for the first time in more than a year.

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From 55.3 in February, S&P Global’s Manufacturing Purchasing Managers’ Index improved to 56.4 in March.

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In March, the underlying demand for Indian commodities remained robust.

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