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Solid demand lifted India Oct factory growth to eight-month high

Solid demand lifted India Oct factory growth to eight-month high
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India’s factory activity expanded at its quickest pace in eight months in October on strong demand and increased output, though another surge in the cost of raw materials cast a shadow over the outlook, a private survey showed.

Monday’s data pointed to an extended business recovery in Asia’s third-largest economy from the pandemic-induced…

To read more: https://www.reuters.com/world/india/solid-demand-lifted-india-oct-factory-growth-eight-month-high-2021-11-01/

SOURCE: REUTERS

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