India's manufacturing sector output eased in April after a solid rate of growth witnessed in the previous month. HSBC India Purchasing Managers’ Index (PMI) stood at 51.3 in April, down from 52.1 in March, pointing to a weaker improvement in operating conditions across various industries.
Bajaj Auto motorcycle sales declined by 5 per cent in April 2015 in comparison to April 2014. The company sold 2,85,791 bikes last month against 2,99,636 units in April 2014.
Ashok Leyland reported a 43 per cent jump in total sales at 8,435 units for April against 5,897 units in the same month last year.