Output growth across India's service economy was broadly stable heading towards the end of the current fiscal year, despite new orders rising at the slowest pace since January 2025, according to the HSBC India Services PMI report.
India's manufacturing activity strengthened further in February, with the Purchasing Managers' Index (PMI) rising to a four-month high of 56.9 from 55.4 in January, according to data released by HSBC.
India's private sector activity strengthened further in February, with the HSBC Flash India PMI Composite Output Index rising to 59.3 from 58.4 in January, marking the strongest rate of expansion in three months, according to data released by HSBC.
India's services sector activity strengthened in January, with the Services Purchasing Managers' Index (PMI) rising to a two-month high of 58.5, while the Composite PMI, which combines manufacturing and services, increased to 58.4, according to data released by HSBC.
After losing growth traction at the end of 2025, Indian goods producers reported faster increases in new orders, output, employment and buying levels during January 2026, HSBC India Manufacturing PMI data showed Monday.
Rates of expansion in incoming new work and output eased to the slowest in 11 months, with companies refraining from recruiting additional staff, HSBC India Services PMI for December 2025, released on Tuesday, has indicated.
The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) - a single-figure indicator of sector performance - fell from 56.6 in November to 55.0 in December, signalling the weakest improvement in the health of the sector in two years. The current figure was neverth
The pace of business growth in India slowed slightly in December, but overall activity in the private sector remained strong, according to the latest HSBC PMI data released on Tuesday.
The domestic manufacturing sector saw a slowdown in November as the Purchasing Managers' Index (PMI) eased to 56.6, down from 59.2 in October, according to the manufacturing PMI data released by HSBC.
The domestic demand has remained steady even after the festive season, indicating a positive consumption trajectory for the economy, according to a report by Prabhudas Lilladher, a financial service firm.
The HSBC Flash India Composite Output Index, which tracks the combined performance of the country's manufacturing and services sectors, slipped to 59.9 in November from 60.4 in October, hitting a six-month low, according to data released by S&P Global.
India's services sector continued to expand in October, though the pace of growth eased to a five-month low, according to the HSBC India Services Purchasing Managers' Index (PMI) released on Thursday.