India Manufacturing Activity: India’s manufacturing PMI eases to 54.7 in October as export orders hit six-month high
Strong overseas demand cushions slowdown in India’s manufacturing activity (representative image) India’s manufacturing activity expanded at a slower pace in October as growth in output and new orders moderated, although stronger overseas demand supported production and helped cushion the slowdown.Factory employment continued to rise, while input cost inflation eased to its lowest level since February,…
