04-May-2026
Economy News
 
India's factory growth stays sluggish in April amid war-led soaring costs, PMI shows
04-May-2026

India's manufacturing sector activity witnessed mild recoveries in growth of new business intakes and production, but rates of increase were the second-weakest in nearly four years. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index rose from 53.9 in March to 54.7 in April, signalled the second-slowest improvement in overall operating conditions in close to four years.

News Source:- https://economictimes.indiatimes.com/news/economy/indicators/indias-factory-growth-stays-sluggish-in-april-amid-war-led-soaring-costs-pmi-shows/articleshow/130757229.cms