BusinessPhoto: Business StandardIndia's Manufacturing PMI Falls to 54.7 in October Amid Strong Exports
India's manufacturing PMI declined to 54.7 in October from 55.1 in September, reflecting slower growth in output and new orders. Despite this, new export orders hit a six-month high due to strong international demand. Selling price inflation dropped to its lowest in nearly four years. The PMI remains above 50, indicating ongoing sector expansion, supported by new clients and marketing efforts, according to HSBC and S&P Global data.
Business Standard·




