India’s manufacturing sector slows down in August: HSBC PMI report
[ad_1] NEW DELHI: India’s manufacturing sector slowed down in August, with HSBC final India Manufacturing Purchasing Managers’ Index falling to 57.5 from July’s 58.1 primarily due to a decrease in demand. However, the index remained above its long-term average of 54.0, indicating a significant improvement in operating conditions and ongoing expansion.“The Indian manufacturing sector continued…