A measure of India’s manufacturing output stood at 52 in October, according to the Purchasing Managers’ Index compiled by HSBC Holdings Plc and Markit Economics. A reading over 50 indicates expansion. The gauge was at 50.4 in September.
To contact the reporter on this story: Unni Krishnan in New Delhi at firstname.lastname@example.org
To contact the editor responsible for this story: Pradeep Kurup at email@example.com