India’s factory activity improves in September on sustained demand
India Today
India's factory activity improved in September due to sustained demand, but lack of employment growth continues to remain a major point of concern.
India's factory activity improved last month as a recovery in the economy from the pandemic-induced slump boosted demand and output, according to a private survey, but firms reduced headcount at the sharpest pace since May.
That recovery might continue for at least a few months, supported by ultra-easy monetary policy and continued fiscal spending.
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