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Economic strength: India’s manufacturing sector growth accelerates to 3-month high in May amid Middle East conflict
Amid the Middle East conflict, India’s manufacturing saw robust growth, with activity gathering momentum in May and expanding at the fastest pace in three months. The growth is supported by robust demand, ongoing infrastructure spending and a rise in new business orders, according to a monthly survey.
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economictimes.indiatimes.com
Asia's factory output expands as firms stockpile buffers over Iran war risks
Asian factories saw steady growth in May. Companies built up stocks to counter potential supply disruptions from the Middle East conflict. China's manufacturing expanded for the…
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India manufacturing activity rose in May despite cost pressures, PMI shows
India's manufacturing sector saw its fastest growth in three months during May, fueled by robust domestic demand and a surge in new orders. Despite intense cost pressures from…
