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Manufacturing activity eases in Oct as new order growth drops

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Summary

Manufacturing activity in India experienced a slowdown in October, decreasing from the previous month's growth. Despite this, the sector remained above its long-run average due to stronger international demand. A survey indicated that nearly 18% of manufacturers anticipated increased output over the next year, supported by fresh client inquiries.

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    Manufacturing activity eases in Oct as new order growth drops

    Manufacturing activity in India experienced a slowdown in October, decreasing from the previous month's growth. Despite this, the sector remained above its long-run average due to stronger international demand. A survey indicated that nearly 18% of manufacturers anticipated...

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