India’s manufacturing sector activity inches up in November

The country’s manufacturing sector activity inched up in November but the upturn remained subdued as growth rates for new orders as well as production were modest, a monthly survey said today. The IHS Markit India Manufacturing PMI rose to 51.2 in November from 50.6 in October, when it had fallen to a two-year low, indicating only a slight improvement in the health of the sector. Continue Reading

Manufacturing sector remains weak

The IHS Markit India Manufacturing PMI was at 51.4 in September, unchanged from August and thereby posting its joint-lowest reading since May 2018. This is the 26th consecutive month that the manufacturing PMI has remained above the 50-point mark. Continue Reading