Manufacturing PMI recovers to 3-month high
The Hindu
First uptick in employment after 15 months of job losses in the sector
NEW DELHI India’s manufacturing sector stopped shedding jobs for the first time in 15 months even as it registered its best performance in three months in July after contracting sharply in June, as per IHS Markit’s Purchasing Managers’ Index. India’s manufacturing PMI, which had slipped into a contraction for the first time in 11 months to 48.1 in June, recovered to 55.3 with a marginal increase in employment during July, though the firm said it is premature to call it a complete rebound in the manufacturing jobs market.More Related News
According to BACL, the biophilic-inspired business park will offer smart workspaces within a vibrant public realm. The project’s most exceptional and breathtaking attribute lies in the Urban Forest, a lush oasis in the centre of the development. This green space will serve as a focal point, seamlessly blending indoor and outdoor spaces throughout the area. The upcoming metro station in Airport City will provide seamless connectivity to the business park from the northern side, ensuring convenient accessibility.