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India factory activity cooled in March with oil costs rising amid Middle East turmoil, PMI shows

By Thomson Reuters Apr 2, 2026 | 2:38 AM

BENGALURU, April 2 (Reuters) – India’s manufacturing sector grew at its slowest pace in nearly four years in March as ​the war in the Middle East ‌stoked uncertainty, disrupted supply chains and dented demand, while higher oil prices drove up input costs, a private survey showed.

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(Reporting by Shaloo Shrivastava;Editing by ​Shri Navaratnam)