India's manufacturing sector grew at its slowest pace in nearly four years in March, according to a private survey. This was due to the Middle East conflict, which disrupted supply chains and increased input costs. The HSBC India Manufacturing Purchasing Managers' (PMI) fell to 53.9 from 56.9 in February, largely in line with a preliminary estimate of 53.8. Despite this, companies raised selling prices at the slowest rate in two years. The PMI also indicated that employment growth remained steady at a seven-month high.