India’s factory activity slumped to record low in April: PMI

India’s factory activity slumped to record low in April: PMI

BENGALURU: India’s manufacturing activity contracted at its sharpest pace on record in April as a lockdown to combat the rapid spread of the coronavirus led to a slump in demand and massive supply chain disruptions, a private sector survey showed on Monday. Asia’s third largest economy is taking a huge hit from the ongoing nationwide […]