The measure for factory activity, manufacturing PMI, came in at 50.1 in August from July's 50.4. Anything above 50 indicates expansion, while below that figure points to contraction.
In Purchasing Managers' Index parlance, a print above 50 means expansion, while a score below 50 denotes contraction.
The seasonally adjusted India Services Business Activity Index fell to 46.4 in May, down from 54.0 in April, as the intensification of the COVID-19 crisis caused renewed declines.
Lima further noted that firms foresee higher output volumes over the course of the coming year, but business sentiment was dampened by worries surrounding the pandemic.