India's factory growth cooled to eight-month low in September, PMI shows

India's manufacturing growth slowed to an eight-month low in September due to weakening demand and output, although it has stayed above the contraction threshold since July 2021. New orders grew at the slowest pace since December, while export growth fell to its lowest in 18 months.

Oct 1, 2024 - 11:00

India's factory growth cooled to eight-month low in September, PMI shows

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India's manufacturing growth slowed to an eight-month low in September due to weakening demand and output, although it has stayed above the contraction threshold since July 2021. New orders grew at the slowest pace since December, while export growth fell to its lowest in 18 months.