India's services sector showed recovery in April, with the HSBC PMI rising to 58.8. Increased output and new business orders were noted, alongside a shift to domestic suppliers. The composite PMI also rose to 58.2, indicating growth momentum across sectors.
3 min read6 May 2026India’s services sector grew at the softest pace in 14 months during March, mirroring the slowdown in growth of new business intakes, as West Asia conflict hit domestic demand, a private survey showed on Monday.
3 min read6 Apr 2026Factory activity picked up January, but muted outlook, weak export momentum and rising cost pressures weigh on sentiment.
2 min read2 Feb 2026The HSBC Flash India Composite PMI Output Index, compiled by S&P Global, is expected to rise to 59.5 in January from an 11-month low of 57.8 in December, signalling an uptick in overall private sector growth.
4 min read23 Jan 2026Rates of expansion in incoming new work and output eased to the slowest in 11 months, with companies refraining from recruiting additional staff
2 min read6 Jan 2026Business activity in India's sectors weakened, with the services PMI at an 11-month low and manufacturing PMI at a two-year low. Companies are cautious, citing inflation and competition, while expectations for future support may aid recovery in domestic demand.
2 min read6 Jan 2026India's manufacturing purchasing managers’ index fell to 55.0 in December from 56.6 in November, marking the weakest improvement in sector's health in two years.
3 min read2 Jan 2026The HSBC India Services Purchasing Managers’ Index (PMI), compiled by S&P Global, rises to 59.8 in November from 58.9 in October.
3 min read3 Dec 2025The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index slid to 56.6 in November from 59.2 in October, marking the slowest improvement in operating conditions since February.
2 min read1 Dec 2025The answer may depend on the export outlook amid sluggish global demand, the pace of infrastructure and construction during the post-monsoon quarter, and whether the surge in new orders captured in the PMI survey translates into hard production data.
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