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Private sector activity rises to highest level in nearly 14 years

By Economic Times - 4 weeks ago
India's private sector activity surged to a 14-year high, driven by strong demand, according to preliminary data released by HSBC. The Flash India Composite PMI Output Index rose to 62.2 in April. Service growth accelerated, especially in international markets, while manufacturing remained steady. Optimism and improved margins were noted, but inflation remained above average

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