Indian state fuel retailers' gasoil sales rose in April from the previous month, preliminary sales data showed, indicating a pick up in economic activity.
Gasoil accounts for about two-fifths of refined fuel consumption in India and is directly linked to industrial activity
India's factory activity expanded at its quickest pace in more than four months in April to 57.2, driven by solid growth in new orders and output, the Manufacturing Purchasing Managers' Index compiled by S&P Global showed on Monday.State fuel retailers' daily gasoline sales declined 0.5% to 88,200 tonnes, the data showed.
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