India Growth Firm as Export Orders Soar in June, Flash PMIs Show
India's economic activity picked up in June, driven by a surge in new export orders that boosted the manufacturing sector, according to a flash survey by HSBC Holdings Plc.
The manufacturing purchasing managers' index was up at 58.4 from 57.6 in May, while the services purchasing managers' index climbed to 60.7 from 58.8 last month. That helped the composite index jump to 61 compared to 59.3 in May.
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