November factory activity improves but firms shed jobs for the first time in 20 months
With the Indian economy needing to grow around 8% each year to create enough jobs for millions of youth joining the labour force, Prime Minister Narendra Modi's government will be pressured to take further steps. The Nikkei Manufacturing PMI, compiled by IHS …
NEW DELHI: Business conditions in the India’s manufacturing sector improved in November but firms shed jobs for the first time in 20 months, a private survey showed on Monday.
The IHS Markit India Manufacturing PMI rose to 51.2 in November from 50.6 in Octob
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