Tag: India’s manufacturing PMI hits 10-month high in Apr’25 but industrial activity slows down. What next?

Crude steel output, consumption fall by 6-9% m-o-m Coal production plunges to 7-month low amid supply glut Auto output, sales fall; inventories at INR 51,000-52,000 cr Morning Brief: India’s macroeconomic indicators showed diverging trends in April 2025.  While the manufacturing purchasing managers’ index (PMI) crawled up to a 10-month high of 58.2 points, both core sector…