Factory activity slows to 4-month low in September
Published on: Oct. 2, 2025, 12:55 a.m. | Source: The Economic Times
Indias manufacturing PMI slipped to a four-month low of 57.7 in September, with slower growth in new orders, output, and hiring, according to an HSBC-S&P Global survey. Despite robust input cost inflation, business confidence hit a seven-month high, driven by GST cuts and stronger export demand offsetting US tariff pressures.
