Strict Standards: Non-static method mosCache::getCache() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 200
MACHINIST - Rise in new order volumes received by Indian manufacturers in October: PMI

Strict Standards: Non-static method mosCache::getCache() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 133

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112
Register to Subscribe

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112

Strict Standards: Non-static method modules_html::module() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 174

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 59

Strict Standards: Non-static method modules_html::CustomContent() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 360



Strict Standards: Non-static method mosCache::getCache() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 133

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112
Advertisement

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112
DMG - The leading manufacturer worldwide of cutting machine tools

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112
Advertisement

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112
Advertisement

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112
Advertisement

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112

ADS


Strict Standards: Non-static method mosCache::getCache() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 133

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112

Home arrow News arrow Business News arrow Rise in new order volumes received by Indian manufacturers in October: PMI

Strict Standards: Non-static method mosMainFrame::sessionCookieName() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 34

Strict Standards: Non-static method mosCache::getCache() should not be called statically in /home/wwwmach/public_html/components/com_content/content.php on line 36

Strict Standards: call_user_func_array() expects parameter 1 to be a valid callback, non-static method HTML_content::show() should not be called statically in /home/wwwmach/public_html/includes/Cache/Lite/Function.php on line 114

Strict Standards: Non-static method HTML_content::_Itemid() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 444

Strict Standards: Non-static method HTML_content::_linkInfo() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 447

Strict Standards: Non-static method HTML_content::Title() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 462

Strict Standards: Non-static method HTML_content::PdfIcon() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 465

Strict Standards: Non-static method mosHTML::PrintIcon() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 468

Strict Standards: Non-static method mosAdminMenus::ImageCheck() should not be called statically in /home/wwwmach/public_html/includes/joomla.php on line 2245

Strict Standards: Non-static method HTML_content::EmailIcon() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 471

Strict Standards: Non-static method mosAdminMenus::ImageCheck() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 713
Rise in new order volumes received by Indian manufacturers in October: PMI
Strict Standards: Non-static method HTML_content::EditIcon() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 615
Print E-mail

Strict Standards: Non-static method HTML_content::Section_Category() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 503

Strict Standards: Non-static method HTML_content::Section() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 738

Strict Standards: Non-static method HTML_content::Category() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 741

Strict Standards: Non-static method HTML_content::Author() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 506

Strict Standards: Non-static method HTML_content::CreateDate() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 509

Strict Standards: Non-static method HTML_content::URL() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 512

Strict Standards: Non-static method HTML_content::ModifiedDate() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 528

Strict Standards: Non-static method HTML_content::ReadMore() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 531
Written by Hari   
Wednesday, 03 November 2010

Strict Standards: Non-static method HTML_content::TOC() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 518
Mumbai: There has been a substantial rise in new order volumes received by manufacturers in India in October. This was the nineteenth successive month where an increase in incoming new business was indicated.

Whilst the rate of new order growth accelerated from September’s ten-month low, it remained softer than the notably steep expansions recorded at the start of 2010. New export orders rose during the month, but at the slowest pace since November 2009. The seasonally adjusted HSBC Purchasing Managers’ Index (PMI) – a headline index designed to measure the overall health of the manufacturing sector – posted 57.2 in October, rising from September’s reading of 55.1. Moreover, the strengthening of business conditions regained the momentum lost in September.

"After some bouncy data in the last few months, India's economy has picked up steam again. The manufacturing sector remains supported by strong local consumption growth, and growing employment suggests that domestic demand will remain robust. Price pressures, however, are still too strong for comfort, possibly prompting the central bank to hike again before the end of the year," said Frederic Neumann, Co-Head of Asian Economics Research at HSBC.

October data signalled a marked rise in input prices faced by manufacturers in India. Moreover, the rate of input cost inflation was stronger than that recorded in September. The increase in input costs drove a further rise in output prices. However, this was relatively small compared to that seen for input prices, suggesting that manufacturers were still finding it difficult to pass on increased costs to customers.

Output expanded sharply in October, reflective of the sustained increase in new orders. Despite this, backlogs of work accumulated further, indicating that pressure on operating capacity continued. Finished goods stocks rose fractionally during the month.

Indian manufacturers reported a marginal increase in employment during October, attributing this to sustained growth in output and new orders. However, despite the marked improvement in business conditions indicated over the year so far, October’s job creation was only the first increase in staffing levels in five months.

Purchasing activity increased markedly in October, due to higher production requirements. Subsequently, suppliers’ delivery times lengthened, albeit only marginally.
 
More recent
Earlier on

Strict Standards: Non-static method HTML_content::Navigation() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 542
< Prev   Next >

Strict Standards: Non-static method mosHTML::CloseButton() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 545

Strict Standards: Non-static method mosHTML::BackButton() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 548

Strict Standards: Non-static method mosCache::getCache() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 133

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112

Sponsors

Mazak - The world's largest machine tool builder

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112
JYOTI - India's most dynamic machine builder

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112
TaeguTec - Cost effective tooling solutions

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112
Advertisement

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112

<< SHARE


Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112

Social


Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112

AD


Strict Standards: Non-static method mosCache::getCache() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 133

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112

Subscribe

Subscribe to MACHINIST by Email


Strict Standards: Non-static method mosCache::getCache() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 133

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112

Search

 

Strict Standards: Non-static method mosCache::getCache() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 133

Strict Standards: Non-static method mosCache::getCache() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 133

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_naked() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 117

Strict Standards: Non-static method mosCache::getCache() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 133

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_naked() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 117

Strict Standards: Non-static method mosAdminMenus::ImageCheck() should not be called statically in /home/wwwmach/public_html/modules/mod_rssfeed.php on line 22
RSS 1.0
© 2016 MACHINIST
This site is best viewed with Firefox 2.0 or higher at a minimum screen resolution of 1024x768

Strict Standards: Non-static method mosCache::getCache() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 133