business / news / / The Tribune
India's manufacturing PMI rose to 54.7 in April, up from 53.9 in March, but still marking the second-slowest improvement in operating conditions in nearly four years.
India's manufacturing PMI rose to 54.7 in April but showed the second-slowest improvement in four years.
KEY POINTS
- Input costs for manufacturers increased at the fastest rate since August 2022 due to Middle East conflict.
- New export orders for Indian manufacturers grew at the fastest pace since September 2023.
- Manufacturers increased job creation to a ten-month high despite slower inventory growth.
- Lead times for inputs improved significantly, attributed to better supplier coordination.
COMPANIES
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