India’s Manufacturing Activity Slows to 14-Month Low in February
India’s factory output hit a 14-month low in February, signaling a slight loss of momentum in new orders and production. The HSBC India Manufacturing Purchasing Managers’ Index (PMI) fell to 56.3 from 57.7 in January, according to data released on March 3. While the number remains firmly in expansion territory, the slowdown raises questions about the sustainability of recent industrial growth. Growth Eases, But Expansion Continues Manufacturing in India has…










