PMI | DD News

April 23, 2026 1:11 PM

India’s private sector activity surges in April; job creation hits 10-month high: PMI

India’s private sector activity accelerated in April, driven by stronger demand conditions, capacity expansion, increased new orders, and technology investments, according to the HSBC Flash India PMI Composite Output Index released on Thursday. The seasonally adjusted index, which measures the month-on-month change in the combined output of India’s manufacturing and services sectors, rose to 58.3 in April from 57.0 in March. New orders expanded at a faster pace compared to March, marking a...

February 2, 2026 3:26 PM

India manufacturing PMI rises to 55.4 in January, signals recovery

Indian manufacturing activity showed signs of recovery in January 2026, with firms reporting faster growth in new orders, output, employment, and purchasing activity after losing momentum towards the end of 2025, according to the HSBC India Manufacturing PMI released on Monday. The seasonally adjusted index rose to 55.4 in January from a two-year low of 55.0 in December, indicating an improvement in overall operating conditions across the sector. A reading above 50 signals expansion. S...

October 24, 2025 1:07 PM

India’s manufacturing PMI hits 2-month high at 58.4 in Oct

India’s manufacturing activity showed renewed strength in October, with the HSBC Flash India Manufacturing Purchasing Managers’ Index (PMI) rising to a two-month high of 58.4, up from 57.7 in September, a report showed on Friday. The data compiled by S&P Global indicates that the country’s manufacturing sector continues to expand at a solid pace, supported by strong domestic demand and easing cost pressures. The rise in the manufacturing PMI reflects an improvement in business condit...

May 2, 2025 1:11 PM

India’s manufacturing PMI hits 10-month high in April on robust output, export surge

India’s manufacturing sector saw its strongest performance in ten months in April, as output and international demand surged, according to the HSBC India Manufacturing Purchasing Managers' Index (PMI). The seasonally adjusted PMI rose to 58.2 from 58.1 in March, indicating solid expansion in factory activity. Pranjul Bhandari, Chief India Economist at HSBC, attributed the uptick to robust new orders and a potential shift in global production to India amid changing trade dynamics. “Export or...

March 5, 2025 2:33 PM

India’s services sector expands rapidly in February amid strong demand

India’s services sector witnessed accelerated growth in February, driven by rising domestic and international demand, an uptick in new business orders, and strong employment trends, according to the latest HSBC India Services PMI. The Purchasing Managers’ Index (PMI) for services rose to 59.0, up from January’s 26-month low of 56.5, signaling robust expansion in business activity. The increase in services output remained well above the long-run average, supported by higher productivity an...

February 3, 2025 3:42 PM

India’s manufacturing PMI reaches six-month high amid strong demand

India’s manufacturing sector witnessed a strong start to 2025, rebounding from a period of moderated growth in December. With new orders rising at the fastest pace since last July, the sector benefitted from a sharp increase in exports, marking the steepest upturn in nearly 14 years, according to the HSBC India Manufacturing PMI for January. The survey highlighted a stronger expansion in output, supported by robust domestic and international demand. "India's final manufacturing PMI reached a...

January 2, 2025 5:12 PM

Indian economy in robust spot globally in 2025 with high frequency indicators picking up growth

As 2025 begins amidst heightened global uncertainties, India continues to be in a much stronger position with high-frequency indicators showing a pick-up in the pace of growth in the third quarter of the current fiscal (Q3 FY25), according to a report on Thursday. GST collections, services purchasing managers' index (PMI), air passenger growth, and vehicle registrations saw a notable improvement in Q3 versus Q2, according to a Bank of Baroda (BoB) report. On the other hand, in China, while the...

January 2, 2025 1:58 PM

India’s manufacturing sector sees robust job growth; December PMI at 56.4

India’s manufacturing sector displayed resilience in December 2024, recording its tenth consecutive month of employment growth and achieving the fastest pace of job creation in four months, according to the HSBC India Manufacturing Purchasing Managers' Index (PMI). Approximately 10% of surveyed companies reported workforce expansion, reflecting sustained optimism within the sector. Meanwhile, post-production inventories registered their sharpest decline in seven months, driven by strong sales...

December 2, 2024 9:07 PM

India’s manufacturing PMI dips to 56.5 in November but remains in expansion zone

India's manufacturing sector showcased resilience in November despite mounting cost pressures and fierce competition. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) stood at 56.5, slipping from October's 57.5 and matching an 11-month low. However, the PMI remained well above the 50-mark threshold, signaling continued expansion in the sector. A robust demand environment drove growth in sales and output, but escalating costs and competitive pressures tempered th...

October 4, 2024 4:56 PM

India’s services sector growth hits lowest level since November 2023

India's services sector growth, measured by new business, international sales, and output, has slowed to its lowest rate since November 2023, according to the HSBC India Services PMI released on Friday. The survey, compiled by S&P Global, indicates that while the performance of the sector remains historically strong, the growth rate has moderated. In September, the index value was above the neutral mark of 50.0, falling from 60.9 in August to 57.7. This decline signals a softer, yet still r...