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MFG GROWTH FALLS TO 11-MNTH LOW IN NOV
Hindustan Times
|December 03, 2024
India's manufacturing activity, as measured by the HSBC India Manufacturing Purchasing Managers' Index (PMI), came at 56.5 in November, lower than the 57.5 reading in October and the flash PMI reading of 57.3, according to a release by S&P Global on Monday.
The reading remained above its long-run average of 54, which indicates expansion over the previous month. The index has remained above 50 for over three years now.
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