India manufacturing Purchasing Managers' Index, or PMI, fell to 56.3 in November from 58.9 in October, survey results from IHS Markit showed on Tuesday. The reading was the lowest in three months. Manufacturing activity grew at a softer pace in November. New order growth was the slowest in three months in November. Demand from abroad increased. Production increased amid an easing in the Covid-19 restrictions and an improvement in market conditions. The rate of expansion in output was the slowest in three months in November. Employment declined and the rate of job shedding was solid.
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