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Indian manufacturing industry starts 2021 with strong growth: IHS Markit

IHS Markit is a world leader in critical information, analytics and solutions for major industries and markets. Indian manufacturing industry starts 2021 with strong growth: IHS Markit ANI | Updated: Feb 01, 2021 15:16 IST New Delhi [India], February 1 (ANI): The Indian manufacturing industry enjoyed a strong start to 2021 with companies scaling up production at the quickest pace in three months, according to the latest IHS MarkitManufacturing Purchasing Managers Index (PMI) released on Monday. Firms were successful in their stock-building initiatives with a sharper upturn in quantity of purchases underpinning the strongest rise in input inventories in over a decade. While employment fell further, job shedding moderated. Price pressures meanwhile intensified, driven by capacity constraints in supply chains.

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