Key Points
Indias private sector output rose to its highest level in eight months to 61.3 in March compared with 60.6 in the previous month, according to results of a private survey released Thursday...
The increase was led by manufacturing output, which rose to its highest level of 63.5 in nearly three and a half years from 60.7 in February..
Manufacturing PMI, which represents private activity in the sector, rose to 59.2 compared with 56.9 in the previous month...
New orders rose at a faster pace than in the previous month, and within that both domestic and export orders showed improved vigour, said Pranjul Bhandari, chief India economist, HSBC..
However, on the inflation front there was rise in both input and output costs, with the rate of increases highest in over five months for manufacturers and service providers...
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