manufacturing slowdown News

India's Economy Faces a Slowdown: GDP Growth Estimated at 6.4% in FY25

India's GDP growth for FY25 is estimated at 6.4%, a slowdown from the previous year's 8.2%, due to weaker manufacturing and investment. The agricultural sector, however, shows robu...

India's Services Sector Hits Four-Month Growth Peak Amid Rising Demand and Lower Inflation

India's services sector reached a four-month high in December, driven by strong demand and lower inflation. The HSBC India Services Business Activity Index rose to 59.3, indicating...

ADB Cuts India's GDP Growth Forecast: What's Behind the Downgrade?

The ADB has lowered India's GDP growth forecast to 6.5% from 7% due to slower-than-expected second quarter growth, affected by manufacturing slowdown and lagging government spendin...