BENGALURU, - Growth in India’s manufacturing industry slowed to a six-month low in March as orders and output expanded at a weaker rate, but overall factory activity ran at a solid pace in the first quarter, a private survey showed on Tuesday.
Underscoring that long stretch of growth in the sector, factory activity in the first three months of 2019 increased at its quickest quarterly average rate in more than six years. But as new orders and output grew at their slowest pace since September - despite inflationary pressures easing - firms increased headcount at the weakest rate in eight months.
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