According to the official survey, the India’s economy growth was recorded at 5.0% in the last quarter. India’s manufacturing sector has recorded it as the slowest growth in the last 15 months in August. Many manufacturing companies like Maruti Suzuki and others have released the decline in the demand and supply. According to the Nikkei Manufacturing Purchasing Managers’ Index, compiled by HIS Markit, the figures show the decline to 51.4 in August which is low compared to July’s 52.5. The Reserve Bank of India has predicted the medium target of 4% due to inflation for the rest of the year to combat the low growth.