India's Manufacturing Slows Amidst Rising Costs, US Tariffs

India's factories are making things at a slower pace than before, after a very strong previous month.

Costs for making things are also going up quickly, and businesses are passing those costs to consumers.

This comes as the US has put higher taxes, called tariffs, on goods coming from India.

Even with the slowdown, companies are still positive about the future, hoping changes in taxes will help.

While US tariffs are causing economic stress, new export orders indicate demand outside the US.

Overall, business confidence is up with some factors improving, but the US tariffs remain a significant challenge to the economy.