ICICI Securities: Decoding The Surprisingly Positive Growth In Manufacturing In Q2 FY21

At a time when high-frequency indicators are contracting, the positive growth seen in Manufacturing GVA during Q2 was puzzling.

ICICI Securities

04 Dec 2020, 06:20 PM IST

Sparks fly as an employee uses an angle grinder inside a factory in Mumbai, Maharashtra, India. (Photographer Dhiraj Singh/Bloomberg)

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ICICI Securities: Decoding The Surprisingly Positive Growth In Manufacturing In Q2 FY21

At a time when high-frequency indicators are contracting, the positive growth seen in Manufacturing GVA during Q2 was puzzling.

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