India’s manufacturing sector lost growth momentum in November, as a slower order flow and Covid-related restrictions impacted output. Consequently, the headline seasonally adjusted IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) fell after posting the strongest improvement in the health of the sector in over a decade during October. It posted a three-month low reading of 56.3 in November down from 58.9 in October. As per the report, quantity of raw material or input purchases rose at the slowest pace in three months, but one that was historically marked.

(Business Insider)