India's manufacturing activity grew at its weakest pace in over a year last month due to cooling demand, but employment generation rose at a healthy pace and inflation eased, a private survey showed on Monday.

The HSBC India Manufacturing Purchasing Managers' Index (PMI), compiled by S&P Global, fell to 56.3 in February from 57.7 in January.

According to the survey, February witnessed the slowest rise in cost burdens in a year, but demand buoyancy kept charge inflation at an elevated level.