BENGALURU -- India's manufacturing activity surged to a 16-year high in March, underpinning the labor market and boding well for Prime Minister Narendra Modi ahead of general elections expected from later this month.
Economy
India manufacturing PMI surges to 16-year high ahead of elections
Demand and production grow, helping Modi as he seeks third term
Prime Minister Narendra Modi's government has rolled out billions of dollars in incentives and tax cuts to attract manufacturers from diverse sectors including battery-powered vehicles and pharmaceuticals. © Reuters
Read Next
Latest on Economy
