Industrial production in November was expected to grow 1.0 per cent from a year earlier, after shrinking 1.8 per cent in October, according to the median consensus of 20 economists.
HSBC PMI falls to 50.7, slow domestic demand offsets pick up from abroad.
The parlous state of Asia's third largest economy was reflected in the rupee's 18 per cent plunge against the dollar to all time lows since May, when signals emerged that the US Federal Reserve was considering winding down an easy money strategy that had benefitted emerging markets like India.
It indicates that the economy has remained frail at the start of the new fiscal year.
The latest PMI showed inflation pressures ebbed further last month with both costs of raw material and prices charged rising at a slower pace than March.
The survey also showed that both input and output prices rose at a slower pace during the month.
The services sector suffering due to slowing orders, says HSBC.
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