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India's manufacturing sector growth hits 7-month high to 55.1 in September: HSBC PMI

The seasonally-adjusted HSBC India Manufacturing Purchasing Managers' Index increased by more than two index points in September, to 55.1 from 52.8 in August, reflecting the strongest improvement in the health of the sector in several months

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Representational Image. File pic.

Representational Image. File pic.

India's manufacturing sector accelerated in September to hit a seven-month high 55.1, buoyed by  new orders and output, reported news agency PTI.

The seasonally-adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) increased by more than two index points in September, to 55.1 from 52.8 in August, reflecting the strongest improvement in the health of the sector in several months.

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