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India factory activity revs up in March on higher demand

Industry Economy

According to The HSBC Manufacturing Purchasing Managers' Index, compiled by Markit, rose to 52.1 in March from 51.2, confounding economists polled by Reuters who expected a slight dip to 51.0. Any reading above 50 indicates growth. For Indian manufacturing, March is the 17th straight month of expansion.

Extracted from HBL, Apr 02,’15

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