Indian manufacturing growth slips |
India`s manufacturing sector output eased in April after a solid rate of growth witnessed in the previous month as the pace of order flows slowed down following which companies reduced their staffing levels. The headline HSBC India Purchasing Managers` Index (PMI), compiled by Markit, stood at 51.3 in April, down from 52.1 in March. This pointed to a weaker improvement in operating conditions across various industries.
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