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flag India's private sector growth slowed in October due to weaker exports and competition, despite ongoing expansion.

flag India's private sector growth slowed to its weakest pace in five months in October, with the HSBC flash Composite PMI falling to 59.9 from 61.0, still indicating expansion. flag The services sector decelerated due to intense competition and weather disruptions, while manufacturing improved to 58.4, driven by strong domestic demand and recent GST cuts. flag New orders grew at the slowest pace in five months, exports weakened to a seven-month low amid U.S. tariffs, and input costs rose at the weakest rate since June, though selling prices increased due to higher labor and transportation expenses. flag Employment growth eased, and business optimism dipped slightly, though firms remain confident in future gains from tax cuts, new products, and technology investments.

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