India’s private sector activity continues to expand; PMI eases to 58.1
India’s private sector activity continued to expand in May, signalling sustained but marginally softer growth momentum.
India’s private sector activity continued to expand in May, signalling sustained but marginally softer growth momentum.
Services activity in India expanded at a rapid pace in April, marking a five-month high. This growth was supported by stronger domestic demand, higher ecommerce activity, and improved new order inflows, according to the HSBC India Services PMI.
The private sector manufacturing activity growth recovered in April as HSBC’s India Manufacturing Purchasing Managers' Index (PMI), compiled by S&P Global, which measures monthly change in manufacturing output, rose to 54.7 in April, up from 53.9 in March.
India’s private sector activity gathered momentum at the start of the new financial year, with the HSBC Flash India Composite PMI Output Index rising to 58.3 in April from 57.0 in March, according to data compiled by S&P Global.
India’s services sector growth slowed to a 14-month low in March, even as cost pressures rose sharply, according to HSBC and S&P Global PMI data. Firms reported the fastest increase in input prices in nearly four years.
India’s manufacturing sector slowed in March as growth in activity moderated due to rising costs, competitive pressures and global uncertainty, according to the HSBC India Manufacturing PMI report.
Despite the decline, the index remained well above the 50 threshold that separates growth from contraction, indicating that overall operating conditions in the sector stayed positive.
NTPC concluded the National Finale of the Electron Quiz 2025 on December 19 at NTPC’s Power Management Institute (PMI), Noida. The finale witnessed an intense and closely contested battle among the leading engineering and management institutions across the country, including IIM Calcutta, IIM Nagpur, IIM Lucknow, IIT Madras, IIT Kanpur, and XLRI Jamshedpur.
The combined performance of India’s manufacturing and services sectors reported a slower rate of expansion as the HSBC Flash India Composite Output Index fell to 59.9 in November from 60.4 in October.
India’s services sector growth eased in October, though it remained strong overall, supported by resilient demand and Goods and Services Tax (GST) relief, a private survey showed on Thursday.
