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Manufacturing slows amid sluggish demand, eased import restrictions - Business Main

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Manufacturing PMI dips to 5-month low on slower new order growth in September

Indias manufacturing activity slowed to the slowest in five months in September, with new orders growing at a slower pace, according to a private survey. The Purchasing Managers Index (PMI) dropped to 57.5 in September, down from 58.6 in August, but remained in positive territory for the 27th consecutive month. Despite the slowdown, Indias factory output grew at the highest rate among emerging markets in Asia. Employment rose due to increased production and new orders, while input costs eased. H...
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