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slowest improvement in operating conditions in four years: HSBC

Published on: May 4, 2026, 11:11 a.m. | Source: The Tribune

India's manufacturing PMI rose to 54.7 in April, up from 53.9 in March, but still marking the second-slowest improvement in operating conditions in nearly four years. According to HSBC India Manufacturing PMI, while new business intakes and production saw mild recoveries, the rates of increase remained among the weakest since 2022.

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