The HSBC Purchasing Managers Index (PMI) for manufacturing has slipped to 52.9 in the month of January from a two-year record high of 54.5 in December. The PMI is a measure of factory production.
Maruti Suzuki India (MSIL) sold 1,05,559 units in the domestic market during January. Sales were up by 9.3 per cent as compared with 96,569 units in January 2014.
Tata Motors reported a 5.19 per cent increase in total sales at 42,582 units in January, as against 40,481 units in the same month last year.