India business growth slows to six-month low as manufacturing PMI slips

India’s November business expansion hit a six-month low as the PMI data showed weaker manufacturing and demand across sectors.

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India business growth slows to six-month low as manufacturing PMI slips

India business growth slows to six-month low as manufacturing PMI slips
India’s business growth decelerated to a six-month low in November 2025, according to the latest purchasing managers’ index (PMI) data which pointed to weaker manufacturing expansion and softer overall demand. Analysts said the sluggish reading reflects global uncertainty, supply-chain disruptions and domestic demand moderation. The decline raises caution for otherwise resilient sectors and suggests that companies may face headwinds if input costs or exports don’t recover. 
Policymakers and investors will track whether the slowdown spreads into services and affects corporate earnings outlooks.
Tags:
  • economy
  • India