
India’s March private business activity slows to lowest since Oct 2022, missing forecasts
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India's private-sector business activity has slowed in March, reaching its lowest point since October 2022. This decline comes as a surprise, given the previous growth trend observed since early 2026. Analysts suggest that the ongoing geopolitical tensions, particularly the Iran war, have contributed to this downturn.
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The slowdown in business activity is particularly notable as it follows a period of growth that many had hoped would continue. The Iran war has created uncertainty in global markets, which may have ripple effects on India's economy, especially in sectors reliant on international trade.
This article is based on the latest available data and may be subject to change as new information emerges.
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