The NPHCDA boss said the COVID-19 pandemic worsened the situation by bringing about social restrictions and heightening public distrust in the health systems.
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New orders, production in India continue to rise sharply: IHS Markit ANI | Updated: Apr 05, 2021 11:34 IST
New Delhi [India], April 5 (ANI): Manufacturing sector conditions in India continued to improve sharply in March despite some loss of growth momentum, according to the latest IHS MarkitManufacturing PMI released on Monday.
Firms scaled up production and input buying in line with another upturn in sales but employment decreased due to coronavirus disease (Covid-19) restrictions and a lack of pressure on capacity.
On the price front, the rate of input cost inflation was among the strongest seen over the past three years. However, selling prices increased only moderately as companies limited their adjustments to retain a competitive edge and boost sales.