New Delhi, Nov 3 (IANS) India’s manufacturing sector growth surged in the month of October, fuelled by strong domestic demand, GST 2.0 reforms, productivity gains and increased technology investments, a report said on Monday.

The HSBC India Manufacturing Purchasing Managers’ Index (PMI) rose to 59.2 in October from 57.7 in September, according to data compiled by US-based financial intelligence provider S&P Global.

The increase stemmed from quicker growth in new orders and factory output at the beginning of the third financial quarter, driven by boost in advertising and recent GST reforms, the report said.

The expansion rate matched levels seen in August, which was one of the strongest in the last five years, it indicated.

A reading above 50 indicates economic expansion, while one belo

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