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• India's manufacturing sector showed substantial growth in October, despite a challenging global economic environment.
• However, there are signs of growth slowing, with the seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) slipping to its slowest expansion since February.
• Other indicators, such as GST revenue, auto sales, and electricity consumption, remain robust, but economists warn of uncertainty due to factors such as the conflict in West Asia and rising US interest rates.