India's Manufacturing PMI Slows to 54.7 in October with Export Orders Rising
India's manufacturing sector growth slowed in October as output and new orders moderated. However, new export orders reached a six-month high, indicating stronger overseas demand. Factory employment increased for the second month, though job creation eased from September. Input cost inflation dropped to its lowest since February. Business confidence weakened due to a less optimistic outlook for the coming year.
TOI Business·



