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India’s factory growth stays sluggish in April amid war-led soaring costs, PMI shows – CNBC TV18

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India’s factory growth stays sluggish in April amid war-led soaring costs, PMI shows – CNBC TV18

India's manufacturing growth edged up slightly in April but remained stuck near a four-year low as weak demand and soaring input costs driven by the Middle East war weighed on activity, a survey showed. * HSBC's final India Manufacturing Purchasing Managers' Index, compiled by S&P Global, rose to 54.7 last month from March's 53.9, but was lower than a preliminary…

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