Key Points
New Delhi: Buoyed by manufacturing, India's business activity rose to eight months high in March to end the financial year on a strong note, a private survey showed Thursday...
The HSBC Flash India Composite PMI Output Index rose to 61.3 in March from 60.6 in February..
The increase was led by manufacturing output, which expanded at its fastest pace 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...
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