India's manufacturing sector recorded its second-slowest growth since mid-2022 in June, as softened demand impacted output and hiring despite easing cost pressures.
HSBC India Manufacturing PMI fell to 54.2 in June
Jul 01, 2026
12:21 pm
What's the storyIndia's manufacturing sector has witnessed its second-slowest growth in four years, according to a recent survey.
The slowdown is mainly due to a decline in demand for goods, which has affected output and hiring.
India's June factory growth slips to second-weakest since mid-2022 as demand softens, PMI shows
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India's manufacturing sector experienced its second-slowest growth in four years during June, primarily due to a slowdown in…
India's manufacturing growth slowed in June to its second-weakest pace since mid-2022, as demand and hiring softened.
Manufacturing PMI in India slows to 54.2 in June, marking the second-lowest level in four years amid declining orders.
India's private sector experienced a slowdown in June, reaching a three-month low as rising costs and softening demand impacted…
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