Mfg firms log 'softer contraction' in sales at 4.3% in Q2 FY21: RBI data

Demand conditions in the manufacturing sector returned to the recovery mode with a softer contraction of 4.3 per cent (Y-o-Y) in the second quarter of this fiscal in terms of nominal sales after shrinking 41.1 per cent in the previous quarter that was hit by countrywide lockdowns due to Covid-19, according to RBI data.

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