India's factory growth at five-year low in August on weakening demand, PMI shows
- Posted on September 1, 2026
- By Business News Today
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India's factory growth at five-year low in August on weakening demand, PMI shows
Indias manufacturing growth slowed to a five-year low in August as weak demand dragged new orders and output lower, while factory employment declined for the first time in 30 months. The HSBC India Manufacturing PMI fell to 52.8 from 53.5 in July, though firms reported easing input cost pressures.
