Manufacturing activity weakens in March

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Published: April 3, 2020 5:15:43 AM

A record drop in new export orders contributed to the downward momentum.

A record drop in new export orders contributed to the downward momentum.

The manufacturing activity in March slowed to a four-month low as a nationwide lockdown owing to the Covid-19 pandemic threw economic activity out of gear, IHS Markit India data show. A record drop in new export orders contributed to the downward momentum, it said.

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