Manufacturing activity expands in February as output, orders up

PTI

Updated At : 12:51 PM Mar 03, 2022 IST

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New Delhi, March 2

India’s manufacturing sector activities expanded in February as output and new orders grew at accelerated rates, supported by favourable demand conditions, a monthly survey said on Wednesday.

The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) was at 54.9 in February, up from 54.0 in January, signalling a stronger improvement in the sector’s health. —

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