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Manufacturing activity rebounds to a 3-month high: Survey

Manufacturing activity rebounds to a 3-month high: Survey
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Manufacturing activity rebounds to a 3-month high: Survey
TNN / Aug 3, 2021, 04:27 IST
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NEW DELHI: Manufacturing activity in the country bounced back to a three-month high in July on the back of rising new orders, exports, quantity of purchases and input stocks helped by the lifting of curbs across the country as Covid cases moderated and economic activity resumed, a survey showed on Monday.
After slipping into contraction for the first time in 11 months during June, the IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) moved back above the critical 50-point mark in July. The headline figure was up from 48.1 in June to 55.3. The 50-point separates expansion from contraction. ....

India Manufacturing Purchasing Manager Index , Pollyanna De Lima , இந்தியா உற்பத்தி வாங்குதல் மேலாளர் குறியீட்டு , பொலீயாந டி லிமா ,

Manufacturing Purchasing Managers' Index jumps to 55.3 in July

FINANCIAL CHRONICLE
Updated Aug 3, 2021, 11:36 am IST
According to monthly IHS Markit India Manufacturing Purchasing Managers’ Index survey, the index moved above the critical 50.0 threshold
Output rose at a robust pace, with over one-third of companies noting a monthly expansion in production,” Pollyanna De Lima, economics associate director at IHS Markit, said. Representational image/By arrangement
New Delhi: After slipping into contraction for the first time in 11 months in June, India’s manufacturing activity posted the strongest growth in Covid-hit three months in July, with states easing localised pandemic restrictions. All the manufacturing activities recovered from a major fall in June, as output, new orders, exports, quantity of purchases and input stocks all returned to growth territory. ....

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Manufacturing rebounds in July, exports at record high

Manufacturing rebounds in July, exports at record high
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Last Updated: Aug 03, 2021, 06:51 AM IST
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Synopsis
Backing the recovery in manufacturing, official data released Monday showed India’s exports rising a sharp 48% year-on-year to a record $35.2 billion in July, buoyed by a growth in petroleum products, gems and jewellery, and engineering goods. Imports last month were at the second highest in history.
Agencies
India’s merchandise exports in July 2021 was $35.17 bn, an increase of 34% over July 2019.
India’s manufacturing activity revived in July and posted the strongest growth in three months along with a marginal increase in employment as states eased localised restrictions, a private survey showed on Monday. ....

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India output growth reinstated amid rebound in factory orders: IHS Markit

India output growth reinstated amid rebound in factory orders: IHS Markit
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