Factory News
Manufacturing picks up as orders rise - PMI
By Yati Himatsingka
BANGALORE (Reuters) - The pace of growth in India's factory sector inched up in April, supported by bulging order books, but slower output growth and increasing price pressures dampened sentiment, a business survey showed on Wednesday.
The HSBC India Manufacturing Purchasing Managers' Index (PMI), compiled by Markit, rose to 54.9 in April from 54.7 in March.
The index has
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