Indian economy back in action: Goyal
The Hindu
Indian economy is back in action and it is clear from several indicators such as rising exports and increasing foreign direct investment (FDI) inflows into the country, Commerce and Industry Minister
Indian economy is back in action and it is clear from several indicators such as rising exports and increasing foreign direct investment (FDI) inflows into the country, Commerce and Industry Minister Piyush Goyal said on Friday.
He said that merchandise exports during April-October this fiscal stood at $ 232 billion and total FDI during the first four months of this fiscal rose by 62 %.
There was growth in employment over the same month last year, and manufacturing PMI rose to 55.9 in October while services PMI reached a decade high of 58.4 in the month, Mr. Goyal said.