Manufacturing Activity Growth in May at Its Lowest Since July 2020 as Demand Fell: PMI
India factory activity growth slowed significantly in May as a surge in coronavirus cases hit new orders and output while scarcity of raw materials drove up input costs.
File Photo: Labourers load steel rods onto a truck at a steel factory on the outskirts of Jammu July 12, 2012. Credit: Reuters/Mukesh Gupta/File Photo
Government8 hours ago
India‘s factory activity growth slowed significantly in May as an escalation in coronavirus cases hit new orders and output while scarcity of raw materials drove up input costs, a private sector survey showed on Tuesday.