India’s manufacturing activity eased to a three-month low in June, with the Purchasing Managers’ Index (PMI) slipping to 54.2 from 55.0 in May, signalling a moderation in factory momentum even as the sector remained firmly in expansion territory.
June’s print was the weakest since March (53.9), suggesting manufacturing growth lost some pace toward the end of the first quarter of FY27 as the West Asia crisis continued to impact growth.
