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India’s manufacturing PMI eases in March amid global disruptions, job growth remains strong

April 2, 2026
Source: lokmattimes.com lokmattimes.com
News Snapshot:
New Delhi, April 2 India’s manufacturing PMI eased to 53.9 in March as disruptions linked to the conflict in the Middle East are reverberating through the global economy and weighing on Indian manufacturers, the HSBC Flash India PMI data showed on Thursday.Firms also faced an intensification of cost pressures, the steepest since August 2022. That said, companies mostly absorbed added expenses, as indicated by a modest uptick in selling charges that was the least pronounced in two years, according to the PMI data compiled by S&P Global. Elsewhere, the latest results also showed that attempts to raise contingency stocks supported...
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