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India s manufacturing sector grew at its weakest pace in seven months in March on renewed lockdowns to curtail a resurgence in COVID-19 cases. The Nikkei Manufacturing Purchasing Managers Index or PMI, compiled by IHS Markit, dropped to a seven-month low of 55.4 last month from February s 57.5, but remained above the 50-level separating growth from contraction for an eighth straight month. The foreign orders grew at a faster pace in March, but a sub-index tracking overall demand declined to its lowest since August 2020. Output also grew at its weakest pace in seven months. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Nikkei manufacturing purchasing manager indexCapital marketPurchasing managers indexThe nikkeiCorporate financeFinancial information providersManufacturing sectorIhs markitநிக்கி உற்பத்தி வாங்குதல் மேலாளர் குறியீட்டுமூலதனம் சந்தைவாங்குதல் மேலாளர்கள் குறியீட்டுதி நிக்கிபெருநிறுவன நிதிநிதி தகவல் வழங்குநர்கள்உற்பத்தி துறைஈஸ் மார்க்கிட்