India’s manufacturing PMI rises to 3-month high in May on strong domestic demand

India’s manufacturing sector saw its fastest growth in three months during May, fueled by robust domestic demand and infrastructure projects. New orders surged, though rising Middle East conflict costs continue to challenge manufacturers. Despite higher …

India’s manufacturing sector saw its fastest growth in three months during May, fueled by robust domestic demand and infrastructure projects. New orders surged, though rising Middle East conflict costs continue to challenge manufacturers. Despite higher input expenses, companies expanded output and hiring, with positive sentiment for future growth.

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