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India’s October Factory Output Index at 52, HSBC-Markit Says

Nov. 1 (Bloomberg) -- 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 ukrishnan2@bloomberg.net

To contact the editor responsible for this story: Pradeep Kurup at pkurup3@bloomberg.net

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