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India’s PMI slips to 52.8 as factorygrowth loses steam, hits five-year low

This story summarizes reporting from Times of India. Read the original for full context. Wire items stay in our news sitemap for seven days. Editorial policy.

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SHIVANGHI PAYAL1 Sept 2026, 11:10 amUpdated 2h ago1 min readIndiaIndia

India — SHIVANGHI PAYAL

India’s PMI slips to 52.8 as factory growth loses steam, hits five-year low

In August, India's manufacturing sector experienced its most significant slowdown in five years, with production and new orders seeing a decline. This downturn marked the lowest activity level since August 2021, causing a contraction in employment for the first time in two and a half years. Although there was a slight increase in purchasing activity, overall overseas demand weakened, and while business confidence grew, it remained below historical averages.

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Source: Times of India · SHIVANGHI PAYAL. Published 1 Sept 2026, 11:10 am.

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