India's manufacturing growth slowed in May, yet hit records in job creation and export orders.

India's manufacturing PMI fell to a three-month low of 57.6 in May from 58.2 in April due to cost pressures and geopolitical tensions. Despite the slowdown, the sector saw a record high in job creation and strong growth in export orders. Manufacturers increased prices to offset higher costs but remained optimistic about growth over the next year.