Depressed demand decreased Indian manufacturing for the fifth month in a row according to an article published on livemint.com The purchasing managers index (PMI) showed a slight improved above the 44.4 low in December.

according to an article published on livemint.com. The purchasing managers index (PMI) showed a slight improved above the 44.4 low in December. A survey of 500 companies compiled by UK-based Markit Group projected that on the whole, business conditions in the manufacturing sector were improving. The numbers have come well ahead of the official statistics.