International Journal of Social Science & Economic Research
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Title:
Analyzing Growth Trends across Different Manufacturing Sectors in India

Authors:
Khyati Kejriwal

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Khyati Kejriwal
Jayshree Periwal International School

MLA 8
Kejriwal, Khyati. "Analyzing Growth Trends across Different Manufacturing Sectors in India." Int. j. of Social Science and Economic Research, vol. 9, no. 10, Oct. 2024, pp. 4272-4288, doi.org/10.46609/IJSSER.2024.v09i10.020. Accessed Oct. 2024.
APA 6
Kejriwal, K. (2024, October). Analyzing Growth Trends across Different Manufacturing Sectors in India. Int. j. of Social Science and Economic Research, 9(10), 4272-4288. Retrieved from https://doi.org/10.46609/IJSSER.2024.v09i10.020
Chicago
Kejriwal, Khyati. "Analyzing Growth Trends across Different Manufacturing Sectors in India." Int. j. of Social Science and Economic Research 9, no. 10 (October 2024), 4272-4288. Accessed October, 2024. https://doi.org/10.46609/IJSSER.2024.v09i10.020.

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ABSTRACT:
This study assesses the factors affecting the growth process of manufacturing sectors in India, with an emphasis on examining the behavioral patterns of the Purchasing Manager Index (PMI) of various sectors. It will try to identify the main factors for asset prices moving up and down and determine the trend in the industries with the highest PMI rates. With the help of a thorough literature review, the research study carefully fills in the gaps of existing work concerning analyzing sector-specific influences on PMI as well as the influence of economic policies on manufacturing development. The research is done using a constructivist philosophical point of view and applies an empirical approach to data gathering and processing from reliable sources. These findings suggest bloody relationships amongst PMI variances, domestic policy, foreign market operation, and industry-specific analyses, bringing into focus the significance of practical policy making and rational strategic decision-making for raising the degree of sustainable growth of the Indian manufacturing sector. The study provides useful recommendations for policymakers, investors, and industry players as they can be confident of the impact of the actions they take based on the study. This way of research with the help of its systematic approach, and rigorous examination, contributes to the body of knowledge on manufacturing sector growth dynamics. The proposed study would define the path for strategic decisions and policy making.

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