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Manufacturing sector grows gradually in 2014; more growth eyed in 2015

Industry Economy

According to HSBC survey, India's manufacturing sector witnessed a gradual but significant expansion during the year 2014, and ended on a higher note reaching two-year high in December 2014. This gradual expansion is expected to continue further in 2015. India's manufacturing PMI rose to 54.5 in December- 2014, while in the corresponding period a year ago it stood at 50.7

Extracted from BS, Jan 04,’15

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