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India's factory growth stays sluggish in April amid war-led soaring costs, PMI shows

Posted on May 4, 2026
By Business News Today
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1 min read

India's factory growth stays sluggish in April amid war-led soaring costs, PMI shows

India's manufacturing growth saw a slight uptick in April, reaching 54.7, but remained near a four-year low due to weak domestic demand and rising input costs. Despite challenges, export orders surged, and companies expanded hiring and expressed optimism for future growth.