India Factory Growth Slows: Why Rising Costs Are Worrying Businesses
India’s factory growth improved slightly in April 2026, but the pace remained weak compared with stronger months seen earlier. HSBC’s final India Manufacturing Purchasing Managers’ Index, compiled by S&P Global, rose to 54.7 in April from 53.9 in March. A PMI reading above 50 shows expansion, while a reading below 50 shows contraction. The important … Read more