Survey: Manufacturing activity moderates in December

India's manufacturing sector saw its slowest improvement in two years during December, with the HSBC India Manufacturing PMI dropping to 55.0. This slowdown was attributed to declining export orders and moderated employment, while business sentiment reached a three-and-a-half-year low.

Survey: Manufacturing activity moderates in December
India's manufacturing sector saw its slowest improvement in two years during December, with the HSBC India Manufacturing PMI dropping to 55.0. This slowdown was attributed to declining export orders and moderated employment, while business sentiment reached a three-and-a-half-year low.