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Indian manufacturing expansion picked up pace in July, driven by new orders, stronger factory output and rising prices even as hiring stagnated, a survey showed on Monday. The HSBC Markit Purchasing Managers' Index, based on a survey of 500 companies, edged up to 57.6 in July from 57.3 in June when it slipped from a multi-year high. This marked the 16th consecutive month this key index of manufacturing in Asia's third largest economy has been above the 50 mark that divides growth from contraction.

 
2 comments on "Indian manufacturing output up in sharp; manufacturing rises in July "
  Commented by  Shaji George, Manager Accounts/Finance, Modern Printing & Publishing    | 08 04 2010 19:02:37 +0000
Hope this will help the Indian Economy to stay stable or strong rather than creating more gap between haves & have nots..
  Commented by  Surabhi Sinha, Project Manager, Ispat Inds    | 08 04 2010 12:12:33 +0000
Shaji even I read few articles stating tht manufacturing is on the top and in good shape !!! 
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Hope this will help the Indian Economy to stay stable or strong rather than creating more gap between haves & have nots..
Indian manufacturing expansion picked up pace in July, driven by new orders, stronger factory output and rising prices even as hiring stagnated, a survey showed on Monday. The HSBC Markit Purchasing Managers' Index, based on a survey of 500...
more...