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December, 4, 2016

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India manufacturing stays steady in September: data

NEW DELHI -- India's manufacturing growth held steady in September from the previous month, pointing to the sector stabilizing after expansion slowed recently, a private business index suggested Monday.

The HSBC India Manufacturing Purchasing Managers' Index (PMI), which gives a snapshot of manufacturing health from output to jobs, stood at 52.8 last month, unchanged from August, which was the slowest expansion in nine months.









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