India’s factory activity quickens in April amid high inflation

A worker operates a lathe machine as he makes a steel cutter at a manufacturing unit in Noida, on the outskirts of New Delhi November 3, 2014. REUTERS/Anindito Mukherjee

Bengaluru, May 2 (Reuters) – Factory activity in India picked up last month, bolstered by a solid increase in demand as pandemic restrictions were eased, but rising energy prices pushed input costs to a five-month high, a private survey showed.

Reporting by Shaloo Shrivastava; Editing by Kim Coghill

Source: Reuters.