Factory orders, production rise at slowest rates in 8 months in April

Ola delivers S1 scooters to its first 100 customers in Chennai, Bengaluru

By Administrator_ India Capital Sands India’s manufacturing sector activity was largely flat in April, as rates of growth for new orders and output eased to eight-month lows amid the intensification of the COVID-19 crisis, a monthly survey said on Monday. The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) was at 55.5 in […]