March PMI snapshot: India’s manufacturing growth slows to 53.9 as rising cost pressures weigh on momentum

India's manufacturing sector experienced a slowdown in March, with growth moderating due to rising costs, intense competition, and global uncertainties like the Middle East conflict. While new orders and output saw slower expansion, employment surged, and export demand remained robust, indicating a mixed but resilient industrial landscape. https://ift.tt/sEI2nKe