COMMON SENSE SIMPLIFIED: MANUFACTURING DEFECTS:
However, the wide eyed analysts are staring at the stunning performance of the manufacturing sector that jump started from December last year delivering the highest growth rate in previous 6 months. The HSBC India Manufacturing Purchasing Managers’ India (PMI) – a production measure – is ever increasing peaking in December with an impressive 54.7 points, if anything, is an indicator of rising demand and frantic purchasing.
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