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India factory output at 2-year high
Published Fri, Jan 2, 2015 · 09:50 PM
Mumbai
INDIAN factory output expanded at its quickest pace in two years last month, a key survey showed on Friday, in a further sign that the economy is picking up under new Prime Minister Narendra Modi.
Banking giant HSBC said that its purchasing managers index (PMI) rose to 54.5 points in December, up from 53.3 in the previous month.
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