Factory activity improved to six-month high in January
1 month, 3 weeks ago

Factory activity improved to six-month high in January

The Hindu  

India’s private sector manufacturing activity rebounded to a six-month high in January after hitting a one-year low in December, thanks to exports recording their best month in almost 14 years even as factory order books expanded at the fastest pace since July 2024, as per a private index based on a survey of 400-odd firms. The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index rose from 56.4 to 57.7 in January, breaking a two-month streak of deceleration, with firms reporting buoyant demand even as they raised prices solidly but at the slowest pace in four months. While input cost pressures eased to an 11-month low, robust sales gains and upbeat forecasts prompted companies to recruit additional workers at a record pace in the first month of the fourth quarter of 2024-25. Firms stocked up on inputs at the greatest extent in three months, but finished goods inventories dipped for the second straight month due to “a mismatch” in demand growth and production volumes.

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Robust demand, firm business outlook propels India’s services sector growth: Survey
3 weeks, 3 days ago

Robust demand, firm business outlook propels India’s services sector growth: Survey

Live Mint  

Growth in India's services sector accelerated in February, supported by robust demand and a firm business outlook that led to a substantial increase in hiring, a survey showed. HSBC's final India services Purchasing Managers' Index, compiled by S&P Global, rose to 59.0 in February from January's 26-month low of 56.5 but was lower than a preliminary estimate of 61.1. "Global …

Services sector growth accelerates in February backed by strong demand
Top News
3 weeks, 3 days ago

Services sector growth accelerates in February backed by strong demand

India Today  

Growth in India's services sector accelerated in February, supported by robust demand and a firm business outlook that led to a substantial increase in hiring, a survey showed. HSBC's final India services Purchasing Managers' Index, compiled by S&P Global, rose to 59.0 in February from January's 26-month low of 56.5 but was lower than a preliminary estimate of 61.1. "Global …

Manufacturing industry witnesses 14-month low of 56.3 in Feb. from 57.7 in Jan.
3 weeks, 5 days ago

Manufacturing industry witnesses 14-month low of 56.3 in Feb. from 57.7 in Jan.

Deccan Chronicle  

New Delhi: After a strong start in 2025, Indian manufacturers witnessed a 14-month low of 56.3 in February from 57.7 in January due to decline in new orders and production momentum in the month. The survey conducted by the seasonally-adjusted HSBC India Manufacturing Purchasing Managers’ Index or PMI said that although softer than January’s near 14-year high, the pace of …

Manufacturing PMI slides to 56.3 in February on 14-month slowdown in sales growth
3 weeks, 5 days ago

Manufacturing PMI slides to 56.3 in February on 14-month slowdown in sales growth

The Hindu  

India’s private sector manufacturing activity, as measured by the HSBC Manufacturing Purchasing Managers Index, slowed to 56.3 on sales growing the slowest in more than a year in February 2025, according to a statement from HSBC. “Robust global demand continued to boost growth in the Indian manufacturing sector, which increased its purchasing activity and employment. Although output growth slowed to …

India’s factory activity growth dips to 14-month low in Feb due to cooling demand
3 weeks, 5 days ago

India’s factory activity growth dips to 14-month low in Feb due to cooling demand

Live Mint  

By Anant Chandak BENGALURU, March 3 - India's manufacturing activity grew at its weakest pace in over a year last month due to cooling demand, but employment generation rose at a healthy pace and inflation eased, a private survey showed on Monday. The softer manufacturing data suggests the growth rebound in Asia's third-largest economy may be short-lived after the government …

India's manufacturing growth hits 14-month low in February on soft demand
3 weeks, 5 days ago

India's manufacturing growth hits 14-month low in February on soft demand

India Today  

India's manufacturing activity grew at its weakest pace in over a year last month due to cooling demand, but employment generation rose at a healthy pace and inflation eased, a private survey showed on Monday. The softer manufacturing data suggests the growth rebound in Asia's third-largest economy may be short-lived after the government said gross domestic product expanded to 6.2% …

Services activity boosts private sector growth in Feb even as manufacturing slows: HSBC Flash PMI survey
1 month, 1 week ago

Services activity boosts private sector growth in Feb even as manufacturing slows: HSBC Flash PMI survey

Live Mint  

New Delhi: India's private sector output increased at the fastest pace in six months during February amid a quicker expansion in services activity, according to an HSBC flash survey released on Friday. The services sector experienced an acceleration, with the HSBC Flash India Services PMI Business Activity Index rising to 61.1 in February from 56.5 in January. Meanwhile, India’s manufacturing …

India’s private sector growth hits six-month high in February: HSBC Flash PMI data
1 month, 1 week ago

India’s private sector growth hits six-month high in February: HSBC Flash PMI data

Live Mint  

New Delhi, February 21 : India's private sector output surged to a six-month high in February, powered by a sharp expansion in services activity, according to the latest HSBC Flash PMI data. The seasonally adjusted HSBC Flash India Composite Output Index rose to 60.6, up from 57.7 in January, marking its strongest pace of growth since August 2024 and remaining …

PMI data: India’s services growth slows to more than two-year low in January
Top News
1 month, 3 weeks ago

PMI data: India’s services growth slows to more than two-year low in January

Live Mint  

New Delhi: India's service sector expanded at its slowest pace in more than two years during January, owing to lower demand and a softer increase in sales and output, a private survey released on Wednesday said. The seasonally adjusted HSBC India Services Purchasing Managers’ Index, compiled by S&P Global, fell to 56.5 in January, its lowest since November 2022, but …

Manufacturing Output Rises in January, Says PMI
1 month, 3 weeks ago

Manufacturing Output Rises in January, Says PMI

Deccan Chronicle  

New Delhi: After plunging to a twelve-month low in December, the manufacturing activities in India showed a significant upward movement in January, driven by resilient demand and strong output, especially in sharp rise in export orders. The HSBC India Manufacturing Purchasing Managers' Index or PMI rose to a six-month high of 57.7 in the same month from 56.4 in the …

India’s manufacturing growth hits six-month high in January: HSBC PMI survey
Trending News
1 month, 3 weeks ago

India’s manufacturing growth hits six-month high in January: HSBC PMI survey

Live Mint  

New Delhi: India’s manufacturing growth, which moderated in December, rose to a six-month high in January on the back of rising new export orders, a private survey released on Monday said. With new orders rising at the quickest pace since last July, fuelled by the steepest upturn in exports in nearly 14 years, there was a stronger expansion in output," …

Factory activity falls again as rising costs and weak demand hit manufacturers
1 month, 3 weeks ago

Factory activity falls again as rising costs and weak demand hit manufacturers

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Business optimism consequently remains close to December's two-year low, …

India’s factory output surges to 6-month high in January, PMI at 57.7
Top News
1 month, 3 weeks ago

India’s factory output surges to 6-month high in January, PMI at 57.7

Firstpost  

The HSBC final India Manufacturing Purchasing Managers’ Index, compiled by S&P Global, rose to 57.7 last month from December’s 12-month low of 56.4. File image/ Reuters India’s factory activity started 2025 on a positive note, growing at the quickest pace in six months in January largely buoyed by resilient demand and strong output, a private survey showed on Monday, encouraging …

Private sector activity slides to a 14-month low in January: PMI
2 months ago

Private sector activity slides to a 14-month low in January: PMI

The Hindu  

In a sobering first indicator about India’s economy in 2025, private sector activity appears to have hit the brakes in January with output and growth levels sliding to a 14-month low, as per the survey-based HSBC Flash Purchasing Managers’ Indices. With the rise in new business intakes receding, aggregate output increased at the weakest pace since November 2023,” said S&P …

India's services sector ended 2024 on a strong footing, PMI shows
Trending News
2 months, 3 weeks ago

India's services sector ended 2024 on a strong footing, PMI shows

Deccan Chronicle  

India's dominant services sector ended 2024 on a high note as sustained demand boosted activity to a four-month high and led to strong hiring in December, while inflationary pressures eased, a survey showed.The HSBC final India Services Purchasing Managers' Index, compiled by S&P Global, rose to 59.3 in December from 58.4 in November, its highest since August but lower than …

Amid slowing factory activity, Services rebounded to 4-month high in December
2 months, 3 weeks ago

Amid slowing factory activity, Services rebounded to 4-month high in December

The Hindu  

Manufacturing levels in India’s private sector may have slumped to a 12-month low in December, but Services activity regained momentum last month after a mild moderation in November as new orders and output levels hit a four-month high, as aper a private survey-based gauge. The seasonally adjusted HSBC India Services Business Activity Index — based on a single question asking …

India's manufacturing activity grew at its weakest pace in 2024
2 months, 3 weeks ago

India's manufacturing activity grew at its weakest pace in 2024

Deccan Chronicle  

New Delhi: Despite easing cost pressures and strong job growth, India's manufacturing activity grew at its weakest pace for the year 2024, falling to a 12-month low in December this year as new business orders and production expanded at softer rates. “The ongoing improvements in new work intakes prompted manufacturing companies in India to purchase additional inputs for use in …

Factory activity levels hit a 12-month low in December
2 months, 3 weeks ago

Factory activity levels hit a 12-month low in December

The Hindu  

Hopes of a recovery in the manufacturing sector took a fresh hit as factory activity levels in India’s private sector stumbled to a 12-month low in December from an already weak November performance, with both new orders and output levels slipping to the lowest through 2024, as per a private survey-based index. Manufacturing activity expansion, which had slipped a joint-11-month …

India's economy ends 2024 with solid momentum as business growth hits 4-month high, PMI shows
3 months, 1 week ago

India's economy ends 2024 with solid momentum as business growth hits 4-month high, PMI shows

The Hindu  

India's private sector output grew at the fastest pace in four months, preliminary readings from a survey showed, helping the economy end 2024 on a positive note underpinned by sturdier demand in services and manufacturing and record jobs growth. Asia's third-largest economy grew a softer 5.4% last quarter, but easing inflation is expected to spur demand among private sector firms, …

India factory growth softened in Nov on high inflationary pressures
3 months, 3 weeks ago

India factory growth softened in Nov on high inflationary pressures

Deccan Chronicle  

India's factory growth cooled in November yet maintained a strong pace, leading to significantly improved optimism despite demand easing a bit due to higher price pressures, a business survey found.Asia's third-largest economy expanded a lacklustre 5.4% in the July-September quarter, official data showed on Friday, led by tepid growth in manufacturing and consumption. The rate was much lower than the …

India’s manufacturing growth falls to 11-month low in November amid price pressures and weaker demand
3 months, 3 weeks ago

India’s manufacturing growth falls to 11-month low in November amid price pressures and weaker demand

Live Mint  

India's manufacturing growth slowed in November, with activity easing to its weakest level in 11 months, as price pressures and softer domestic demand weighed on the sector. "Although price pressures curbed domestic sales to a certain extent, growth of new export orders gained momentum," it added. Despite domestic challenges, international demand surged, with new export orders reaching a four-month high …

India’s manufacturing activity rises in October driven by growth in new orders
4 months, 3 weeks ago

India’s manufacturing activity rises in October driven by growth in new orders

Live Mint  

India's manufacturing activity rebounded in October, shaking off an eight-month low in September as robust demand fuelled growth in new orders and international sales. Accelerating growth October saw an acceleration in manufacturing output growth, propelled by a faster rise in new orders and international sales, the survey indicated. Rapidly expanding new orders and international sales reflect strong demand growth for …

Factory activity also cooled in September
5 months, 3 weeks ago

Factory activity also cooled in September

The Hindu  

Activity levels in India’s manufacturing sector mellowed in September, with factory output and sales growing at the slowest pace so far in 2024, and export orders rising at the mildest pace in 18 months, as per the survey-based HSBC India Manufacturing Purchasing Managers’ Index. The seasonally adjusted PMI reading for September slipped to the lowest level since this January at …

Indian businesses grow at slowest pace in nine months, says HSBC Flash PMI
6 months ago

Indian businesses grow at slowest pace in nine months, says HSBC Flash PMI

Live Mint  

New Delhi: India's business activity moderated in September, with output and new orders growing at the slowest pace in nine months, according to the flash survey by HSBC Holdings Plc. The HSBC flash PMI survey, compiled by S&P Global, highlighted strong new business inflows, solid job creation, and optimistic growth expectations. The India Services Purchasing Managers’ Index Business Activity Index …

Domestic demand, easing costs propped up Services in August: PMI
6 months, 3 weeks ago

Domestic demand, easing costs propped up Services in August: PMI

The Hindu  

Business activity in India’s services sector accelerated at a five-month high pace in August, aided by productivity gains, a pullback in cost pressures which eased to a four-year low, and higher domestic demand. The seasonally adjusted HSBC India Services Business Activity Index, based on responses from 400-odd private players, rose to 60.9 in August from 60.3 in July. Overall private …

Purchasing Managers’ Index (PMI): Manufacturing activity at 3-month low in August
6 months, 3 weeks ago

Purchasing Managers’ Index (PMI): Manufacturing activity at 3-month low in August

The Hindu  

Manufacturing activity dropped to a three-month low in August, with new factory orders growing at the slowest pace in seven months and export orders clocking their weakest rise in 2024, even as inflation and competitive pressures dragged producers’ optimism to the worst level since April 2023, as per a private survey-based index. On the bright side, the inflation in manufacturing …

Services PMI signals mild dip in July; output prices raised at fastest pace in 7 years
7 months, 3 weeks ago

Services PMI signals mild dip in July; output prices raised at fastest pace in 7 years

The Hindu  

Services sector activity remained robust in July, with international sales growing at the third-fastest pace in almost ten years, even as rising input costs compelled firms to raise prices at a seven-year high rate, as per the HSBC India Services Purchasing Managers’ Index that eased marginally from 60.5 in June to 60.3 last month. Overall private sector activity, factoring in …

​Election overhang: The Hindu Editorial on economic activity
7 months, 3 weeks ago

​Election overhang: The Hindu Editorial on economic activity

The Hindu  

Production in India’s eight core infrastructure sectors remained largely dampened by the impact of a slowdown in state spending on public works in June, when the general election ended in the early part of the month leading to the formation of a new government at the Centre. Provisional data on the Index of Eight Core Industries released by the Commerce …

PMI signals factory activity eased a tad in July; price pressures mount
7 months, 4 weeks ago

PMI signals factory activity eased a tad in July; price pressures mount

The Hindu  

Growth in new orders and output eased slightly at Indian factories during July, even as firms raised selling prices at the highest pace in almost 11 years amid a significant spike in input costs that accelerated at a two-year high rate, as per the HSBC India Manufacturing Purchasing Managers’ Index. “The continuous increase in the output price index, driven by …

India's Business Growth Surges in June: PMI Report
9 months, 1 week ago

India's Business Growth Surges in June: PMI Report

Deccan Chronicle  

New Delhi: Regaining the momentum in June with business activity picking up at a quicker pace, Indian businesses, both in the manufacturing and services sectors, expanded at a faster pace in the month of June than the previous month. According to the survey carried out by the global banker HSBC Flash India PMI, the headline flash composite Purchasing Managers’ Index …

India's Manufacturing PMI In May Eases To 57.5 As Heatwave Impacts Output Levels
9 months, 3 weeks ago

India's Manufacturing PMI In May Eases To 57.5 As Heatwave Impacts Output Levels

ABP News  

Manufacturing PMI: India’s manufacturing sector reported robust growth in the first quarter of the current fiscal year so far, however, the expansion rate slowed down in May against the preceding month. The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index slipped from 58.8 in April to 57.5 in May. Economist's Comments Elaborating on the findings, Maitreyi Das, Global Economist, HSBC, …

India’s Business Activity Hits 14-Year High in May
10 months ago

India’s Business Activity Hits 14-Year High in May

Deccan Chronicle  

New Delhi: With the significant growth in the services sector, India's business activity witnessed a robust expansion in May this year, recording the third strongest reading in close to 14 years. “The flash services PMI index hit a 4-month high of 61.4 this month, up from April's 60.8, while the preliminary manufacturing PMI showed a tad weaker growth than last …

Modest rebound: On IIP data
10 months, 2 weeks ago

Modest rebound: On IIP data

The Hindu  

India’s factory output growth slowed to 4.9% in March from a downgraded 5.6% uptick in February, despite benevolent base effects from the previous year when the Index of Industrial Production had shrunk 1.9%. Production growth was strongest for capital goods as well as infrastructure and construction goods for the second straight year — not surprising given the ramp up in …

Industrial output slows to 4.9% in March
10 months, 2 weeks ago

Industrial output slows to 4.9% in March

The Hindu  

India’s industrial output growth slowed to 4.9% in March from 5.6% in February, as per the National Statistical Office, with base effects from last March when output had tanked 1.9%, boosting the uptick. Manufacturing, which constitutes 77.6% of the Index of Industrial Production, grew at a five-month high pace of 5.2% in March, relative to a mild 1.5% uptick in …

India's Manufacturing Sector PMI Shoots Up To Second Best High In 3.5 Years
10 months, 3 weeks ago

India's Manufacturing Sector PMI Shoots Up To Second Best High In 3.5 Years

Deccan Chronicle  

The growth in India's manufacturing sector moderated slightly in April but remained robust, witnessing the second-best improvement in operating conditions in three-and-a-half years. Despite falling from 59.1 in March to 58.8 in April, the seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index or PMI signalled a significant improvement in demand for the health of the sector, prompting firms to ramp …

India’s April manufacturing PMI sees second-best improvement in operating conditions in three-and-a-half years
10 months, 3 weeks ago

India’s April manufacturing PMI sees second-best improvement in operating conditions in three-and-a-half years

The Hindu  

India’s manufacturing sector activity moderated slightly in April, but still witnessed the second-best improvement in operating conditions in three-and-a-half years, as per the seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index™ which fell to 58.8 from the 16-year high of 59.1 recorded in March. Even though input costs increased, producers ramped up input purchases to the highest level since last …

Services activity hit 13.5 year high in March: HSBC PMI
11 months, 3 weeks ago

Services activity hit 13.5 year high in March: HSBC PMI

The Hindu  

Sales and business activity in India’s Services sectors clocked their biggest expansion in over 13 and a half years in March, bolstered by a record uptick in export orders, as per the HSBC India Services Purchasing Managers’ Index which rose to 61.2 to 60.6 in February. Barring real estate and business services, input costs and output charges rose at a …

March manufacturing PMI survey signals a 16-year peak
11 months, 3 weeks ago

March manufacturing PMI survey signals a 16-year peak

The Hindu  

India’s manufacturing sector activity surged in March with new orders and output levels rising at the fastest pace since October 2020, lifting the HSBC India Manufacturing Purchasing Managers Index to a 16-year high of 59.1 from 56.9 in the previous month. Export orders also grew at the fastest pace since May 2022, and though pressures on current capacity remained mild …

India's Business Activity Hits Eight-Month High In March: PMI
1 year ago

India's Business Activity Hits Eight-Month High In March: PMI

ABP News  

India's business activity concluded the fiscal year on a positive trajectory, marking its fastest expansion in eight months in March, according to a recent business survey. New orders rose at a faster pace than in the previous month, and within that, both domestic and export orders showed improved vigour,” said Pranjul Bhandari, chief India economist at HSBC. The index monitoring …

Industrial output growth slows to 3.8% in January
1 year ago

Industrial output growth slows to 3.8% in January

The Hindu  

India’s industrial output growth slowed to 3.8% in January, from an upgraded uptick of 4.24% in December, with the manufacturing sector’s growth slowing to 3.2% from 4.5% a month ago and consumer non-durables slipping into contraction for the second time in three months. Consumer durables production jumped 10.9%, the highest growth in three months, but gained from base effects as …

India's Manufacturing PMI Rises To 56.9 In February, Highest In Five Months
1 year ago

India's Manufacturing PMI Rises To 56.9 In February, Highest In Five Months

ABP News  

India's manufacturing industry experienced vigorous expansion in February, reaching its highest pace of growth in five months, according to a private survey conducted by HSBC and S&P Global. According to Reuters, the HSBC final India Manufacturing Purchasing Managers' Index climbed to 56.9 last month, surpassing January's 56.5 and exceeding the preliminary estimate of 56.7. India, Asia's third-largest economy and the …

India’s manufacturing PMI inched up to 56.9 in February
1 year ago

India’s manufacturing PMI inched up to 56.9 in February

The Hindu  

India’s manufacturing sector continued its recovery in February from an 18-month low in December, with production levels and sales rising at the fastest pace in five months, as per the seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index. New export orders grew at the highest pace in 21 months, but employment levels changed little as firms felt existing staff strengths …

India’s economy surges further ahead in February
1 year, 1 month ago

India’s economy surges further ahead in February

Live Mint  

The Indian economy, which expanded at a four-month high in January, continued to strengthen in February, seeing accelerations in both manufacturing and services sectors during the month. While services sector growth climbed to a seven-month high in February, manufacturing sector growth reached a five-month high, firming India’s position as one of the fastest-growing major economies. The HSBC Flash India Composite …

India's manufacturing sector growth climbs to four-month high in January on sharper upturn in new orders: HSBC PMI
1 year, 1 month ago

India's manufacturing sector growth climbs to four-month high in January on sharper upturn in new orders: HSBC PMI

The Hindu  

“India’s manufacturing sector growth climbed to a four-month high in January as a sharper upturn in new orders boosted output growth amid mild cost inflation,” a monthly survey said on February 1. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index recovered from an 18-month low of 54.9 in December to 56.5 in January. According to the survey, new orders …

Indian economy gains momentum in January: HSBC
1 year, 2 months ago

Indian economy gains momentum in January: HSBC

Live Mint  

New Delhi: The Indian economy made a robust start to the new year, with private sector business activity expanding at the fastest pace in four months in January driven by strong demand. “The economy grew at a faster pace in January, led by stronger manufacturing output, as well as more robust business services activity," said Pranjul Bhandari, chief India Economist …

India’s Manufacturing Sector Growth Marks 18-Month Low At 54.9 In Dec
1 year, 2 months ago

India’s Manufacturing Sector Growth Marks 18-Month Low At 54.9 In Dec

ABP News  

India’s manufacturing sector logged a decline as the sector’s growth declined to an 18-month low of 54.9 in December owing to a muted increase in factory orders and output, despite minimal inflation, the monthly survey conducted by S&P Global revealed on Wednesday. The HSBC India Manufacturing PMI survey, conducted by the rating agency S&P Global, found that factory orders and …

India’s manufacturing sector growth dips to 18-month low in December on softer rise in output
1 year, 2 months ago

India’s manufacturing sector growth dips to 18-month low in December on softer rise in output

Firstpost  

India’s manufacturing sector growth fell to an 18-month low in December amid softer increase in factory orders and output, despite minimal inflation, a monthly survey said on Wednesday. The HSBC India Manufacturing PMI survey, conducted by S&P Global, showed that there were softer, albeit sharp, increase in factory orders and output, while business confidence towards the year-ahead outlook strengthened. The …

Manufacturing activity hit 18-month low in December: HSBC PMI
1 year, 2 months ago

Manufacturing activity hit 18-month low in December: HSBC PMI

The Hindu  

India’s manufacturing activity slipped to an 18-month low in December 2023, as per the HSBC India Manufacturing Purchasing Managers’ Index, whose reading for the month stood at 54.9 compared to 56 in November. Input costs rose at the second-slowest rate in nearly three-and-a-half years, while inflation in output charges paid by buyers softened to a nine-month low, as per 400-odd …

Services growth slips, drags private sector activity to a one-year low in November
1 year, 3 months ago

Services growth slips, drags private sector activity to a one-year low in November

The Hindu  

The momentum in India’s services sector faltered to a one-year low in November, as per the seasonally adjusted S&P Global India Services Business Activity Index which slid to 56.9 from 58.4 in October, with widespread slowdowns in growth rates for new orders and output. Taken together with the manufacturing Purchasing Managers’ Index for November released earlier, last month marked the …

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