PMI News

Economy

India’s services growth slows to five-month low in October as export demand softens

HSBC India Services PMI eased to 58.9 in October, but manufacturing regained momentum on GST relief and stronger productivity.

2 min read6 Nov 2025
Opinion

Mint Quick Edit | India’s factory surge shows that GST rate cuts may be paying off

India’s latest manufacturing data shows the sector gaining momentum, a sign that GST cuts have stoked demand and production. Amid global trade headwinds, can this upswing withstand external shocks?

1 min read4 Nov 2025
Economy

India’s private sector activity cools to five-month low in October as services slow: HSBC Flash PMI

The HSBC Flash India Composite PMI Output Index, compiled by S&P, decreased to 59.9 in October from 61 in September, indicating a slight moderation in overall private sector growth.

2 min read24 Oct 2025
Economy

Mint Explainer | From India’s dip to China’s rise: What September PMI data says about Asia’s factories

Asia’s manufacturing recovery shows mixed signals in September, with India’s PMI easing slightly while China and South Korea regained momentum. Mint breaks down the numbers and what they mean for the region’s factories.

4 min read17 Oct 2025
Economy

India’s services growth cools in September after 15-year high as global demand softens

Despite the dip, September was the fourth straight month with the index above 60, signalling strong business expansion and resilient demand.

2 min read6 Oct 2025
Markets

Manufacturing PMI dips in September, while exports rise. Are both blips?

The drop in the headline index may be a one-off as manufacturers are confident that GST cuts will boost domestic demand. And while demand from other countries may be offsetting a drop in demand from the US, it's too early to celebrate the increase in exports.

2 min read1 Oct 2025
Opinion

Mint Quick Edit | India’s services sector seems to be on a roll

A well-tracked gauge of this sector’s activity suggests strong momentum last month, with export orders rising sharply. Price levels may need to be watched for a well-rounded view.

1 min read4 Sep 2025
Economy

Services sector sees fastest growth in 15 years

India's key services sector extends its four-year growth streak, underscoring sustained economic momentum.

2 min read3 Sep 2025
Economy

Factory output surges to an over 17-year high in August despite US tariff headwinds

The HSBC India Manufacturing Purchasing Managers’ Index (PMI) climbed to 59.3 in August from 59.1 in July.

2 min read1 Sep 2025
Economy

India’s private sector posts record growth in August: HSBC flash survey

The HSBC flash India Composite Output Index, which tracks month-to-month changes in combined output across manufacturing and services, jumped to 65.2 in August from 61.1 in July.

2 min read21 Aug 2025

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