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 firms to hire at a record rate. New orders - an indicator of overall demand - grew at the sharpest rate since July partly driven by strong export orders, which expanded at the quickest pace in nearly 14 years. India slashed personal tax rates in its annual budget on Saturday, as the world’s fifth-largest economy focuses on boosting domestic demand amid uncertainty over the global economic outlook due to potential new tariff barriers.

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History of this topic

India’s private sector growth slows in March, manufacturing stays strong: HSBC flash PMI survey
5 days, 7 hours ago

India’s private sector growth slows in March, manufacturing stays strong: HSBC flash PMI survey

Live Mint  

New Delhi: India’s private sector showed signs of softening in March, with overall business activity expanding at a slower pace than in February, according to an HSBC flash survey. The HSBC Flash India Composite Output Index, which tracks manufacturing and services activity, dipped to 58.6 in March from 58.8 in February. Read this | Accenture becomes first IT services company …

PMI data: India’s services growth recovers in February after slowing in January
Trending News
3 weeks, 3 days ago

PMI data: India’s services growth recovers in February after slowing in January

Live Mint  

New Delhi: India's services sector expanded faster in February after growing at its slowest pace in more than two years during January, a private survey released on Wednesday showed. The seasonally adjusted HSBC India Services Purchasing Managers’ Index, compiled by S&P Global, rose to 59 in February from 56.5 in January, remaining comfortably above the 50-point mark that separates expansion …

India's services sector growth sees sharp uptick in February: PMI
3 weeks, 3 days ago

India's services sector growth sees sharp uptick in February: PMI

The Hindu  

India's services sector activity witnessed a sharp uptick in February boosted by improving domestic and international demand, which resulted in a quicker expansion in output and a substantial increase in employment, a monthly survey said on Wednesday. Private sector output, as measured by the HSBC Composite Purchasing Manager’s Index, grew to 58.8 in February 2025, led by uptick in services …

India’s services sector growth sees sharp uptick in Feb on new work orders amid strong demand: PMI
3 weeks, 3 days ago

India’s services sector growth sees sharp uptick in Feb on new work orders amid strong demand: PMI

Live Mint  

New Delhi, Mar 5 India's services sector activity witnessed a sharp uptick in February boosted by improving domestic and international demand, which resulted in a quicker expansion in output and a substantial increase in employment, a monthly survey said on Wednesday. The seasonally adjusted HSBC India Services PMI Business Activity Index rose from January's 26-month low of 56.5 to 59.0 …

India’s services sector grows faster in February amid rising demand
Top News
3 weeks, 3 days ago

India’s services sector grows faster in February amid rising demand

Live Mint  

New Delhi, March 5 : The HSBC India Services PMI rose to 59.0 in February, up from January's 26-month low of 56.5, indicating a sharp expansion in business activity. India's services sector expanded at a stronger pace in February, driven by rising domestic and international demand, leading to increased new orders, higher employment, and robust business activity. New export business …

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 …

Mint Quick Edit | Indian factories need to get both busier and better
3 weeks, 4 days ago

Mint Quick Edit | Indian factories need to get both busier and better

Live Mint  

Coming soon after relatively weak gross domestic product data, the purchasing managers’ index seems to validate a loss in factory-activity momentum. Data last week had shown India’s GDP grew 6.2% in the last quarter of 2024, up from the previous quarter’s 5.6% expansion, but the factory sector’s performance remained below par. Global conditions add a dose of uncertainty to its …

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: Q4 is a litmus test, but no fireworks so far
3 weeks, 5 days ago

Manufacturing PMI: Q4 is a litmus test, but no fireworks so far

Live Mint  

To meet the National Statistical Office’s ambitious goal of 6.5% growth in India’s FY25 gross domestic product, the economy needs to pick up a significant pace in the March quarter. We see downside risk with Q4FY25 GDP growth is expected to be closer to 6.8%," said IDFC First Bank's 28 February report. On the monetary policy front, wide-held expectations are …

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% …

Flash India PMI expands to 60.6 in February on robust service sector indicators
1 month, 1 week ago

Flash India PMI expands to 60.6 in February on robust service sector indicators

The Hindu  

India’s service sector activity, as measured by the HSBC Flash India Composite Purchasing Managers’ Index, rose to 60.6 in February, up from 57.7 in January 2025, according to a statement from HSBC. The HSBC Flash PMI reflects private sector activity before the final reading is published, based on a sample that includes about three-quarters of the total companies surveyed for …

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 …

India's services sector growth sees slowest pace of growth in over two years in January: PMI
1 month, 3 weeks ago

India's services sector growth sees slowest pace of growth in over two years in January: PMI

The Hindu  

India's services sector activity expanded at the slowest pace in over two years in January amid softer increases in sales and output, a monthly survey said on Wednesday. The seasonally adjusted HSBC India Services PMI Business Activity Index fell from 59.3 in December to 56.5 in January -- its lowest level since November. The business activity and new business PMI …

India's services sector growth sees slowest pace of growth in over two years in Jan: PMI
1 month, 3 weeks ago

India's services sector growth sees slowest pace of growth in over two years in Jan: PMI

New Indian Express  

NEW DELHI: India's services sector activity expanded at the slowest pace in over two years in January amid softer increases in sales and output, a monthly survey said on Wednesday. The seasonally adjusted HSBC India Services PMI Business Activity Index fell from 59.3 in December to 56.5 in January -- its lowest level since November In the Purchasing Managers' Index …

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 …

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 …

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," …

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 service sector growth slows in January, but manufacturing gains momentum: HSBC Flash PMI
2 months ago

India’s service sector growth slows in January, but manufacturing gains momentum: HSBC Flash PMI

Live Mint  

New Delhi: India's private sector began 2025 on a slower growth trajectory as momentum in the services sector eased and the pace of new business intake softened. The HSBC Flash India Composite Output Index, which tracks monthly changes in combined output from manufacturing and services, fell from 59.2 in December to 57.9 in January, marking the slowest expansion in 14 …

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 …

India’s factory output at 12-month low, December second month of declining activity in a row
Trending News
2 months, 3 weeks ago

India’s factory output at 12-month low, December second month of declining activity in a row

Firstpost  

India’s Manufacturing Purchasing Managers’ Index fell to 56.4, down from 56.5 in November. Source: Reuters India’s manufacturing activity logged its weakest growth of 2024 in December with the Manufacturing Purchasing Managers’ Index, or PMI, declining to a 12-month low of 56.4, down from 56.5 in November. The HSBC India Manufacturing Purchasing Managers’ Index averaged over 57.5 in 2024, compared with …

India’s manufacturing sector showed robust job creation, December PMI at 56.4
2 months, 3 weeks ago

India’s manufacturing sector showed robust job creation, December PMI at 56.4

Live Mint  

New Delhi, January 2 : India's manufacturing sector showcased continued resilience in December 2024, with employment rising for the tenth consecutive month and reaching its fastest pace of job creation in four months, according to HSBC India Manufacturing Purchasing Managers' Index. India's manufacturing sector ended 2024 on a softer note as the PMI for December fell to 56.4, marking the …

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's Services Sector Growth Stays Strong, Defies Inflation
3 months, 3 weeks ago

India's Services Sector Growth Stays Strong, Defies Inflation

Deccan Chronicle  

New Delhi: The growth in India’s dominant services sector remained strong in November despite the inflationary pressure for over a decade. As per the survey by seasonally adjusted HSBC India Services Business Activity, the India’s services Purchasing Managers’ Index or PMI was down marginally to 58.4 from 58.5 in October as sales increased at a softer pace. Commenting on the …

India’s services sector growth falls marginally in November
3 months, 3 weeks ago

India’s services sector growth falls marginally in November

Live Mint  

New Delhi: India’s services sector growth fell slightly in November from the previous month, owing to a drop in growth of new orders and output, a survey released on Wednesday showed. The HSBC India Services Purchasing Managers’ Index, compiled by S&P Global, fell to 58.4 in November from 58.5 in October, but was higher than the 57.7 figure reported in …

Manufacturing PMI falls to 56.5 in November
3 months, 3 weeks ago

Manufacturing PMI falls to 56.5 in November

Hindustan Times  

NEW DELHI India’s manufacturing activity, as measured by the HSBC India Manufacturing Purchasing Managers’ Index, came at 56.5 in November, lower than the 57.5 reading in October and the flash PMI reading of 57.3, according to a release by S&P Global on Monday. Manufacturing PMI falls to 56.5 in November To be sure, the reading remained above its long-run average …

India's Manufacturing PMI Slips to 56.5 in November
3 months, 3 weeks ago

India's Manufacturing PMI Slips to 56.5 in November

Deccan Chronicle  

New Delhi: Amid a softer increase in factory orders, India's manufacturing activities slowed in November due to inflationary pressures, yet maintained a strong pace. Restricted by fierce competition as well as the price pressures, growth in India's manufacturing sector slipped to 56.5 in November. However, the final data came in significantly below these estimates.Commenting on the survey, Pranjul Bhandari, chief …

PMI: Consumption fatigue hits manufacturers
3 months, 3 weeks ago

PMI: Consumption fatigue hits manufacturers

Live Mint  

Manufacturing activity has slowed amid worries that India’s consumption story is fizzling out. India Inc’s Q2FY25 results also mirrored this pain, with corporates pointing out stress in urban consumption due to weak real incomes and rural demand yet to recover. The Q2 manufacturing weakness is unlikely to reverse fully in H2FY25 amid increased global uncertainty, said a Standard Chartered Global …

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 …

Private sector grows in November despite cost pressures
4 months, 1 week ago

Private sector grows in November despite cost pressures

Deccan Chronicle  

New Delhi: With the modest uptick in business activity, India’s private sector economy continued its strong growth in November. The HSBC Flash India Composite Output Index rose to 59.5, even as cost pressures have surged to a 16-month high for both services and manufacturing players in the sector. As per the survey, the HSBC Flash India Composite Output Index, which …

Services sector boosts business activity as manufacturing growth slows in Nov
4 months, 1 week ago

Services sector boosts business activity as manufacturing growth slows in Nov

Live Mint  

Business activity gained momentum in November, driven by an upswing in the services sector, even as manufacturing activity grew slower than last month, according to an HSBC flash survey released on Friday. Manufacturing slowdown Although slightly lower than the previous month, the HSBC Flash India Manufacturing PMI—a composite index reflecting factory business conditions based on metrics such as new orders, …

Flash PMI signals India’s private sector activity at three-month high in November
4 months, 1 week ago

Flash PMI signals India’s private sector activity at three-month high in November

The Hindu  

Activity levels across India’s private sector are seeing a modest uptick this month, even as cost pressures have surged to a 16-month high for both services and manufacturing players, compelling them to raise prices charged to customers at a pace not seen since February 2013, as per the HSBC Flash India Purchasing Managers’ Index. The Flash PMI is an early …

Retail inflation hits 14-month high, rises to 6.21 per cent in October
4 months, 2 weeks ago

Retail inflation hits 14-month high, rises to 6.21 per cent in October

India TV News  

India’s retail inflation surged to a 14-month high of 6.21% in October, exceeding the Reserve Bank of India’s target range. India’s Index of Industrial Production showed a positive shift, expanding by 3.1% in September compared to a 0.1% contraction in August. According to data from the Ministry of Statistics and Programme Implementation, key sectors such as mining, manufacturing, and electricity …

India’s service sector growth rebounds in October on higher demand
4 months, 3 weeks ago

India’s service sector growth rebounds in October on higher demand

Live Mint  

India’s services sector bounced back in October, buoyed by strong customer demand after a lull in September, according to a survey released on Wednesday. The HSBC India Services Purchasing Managers’ Index, compiled by S&P Global, climbed to 58.5 in October from 57.7 in September, highlighting 39 consecutive months of above the 50-point threshold that distinguishes growth from contraction. "During October, …

Mint Quick Edit | Stock market drop: It isn’t about the economy
4 months, 3 weeks ago

Mint Quick Edit | Stock market drop: It isn’t about the economy

Live Mint  

Even as the Indian stock market tumbles, the economy seems to be humming along, barring sporadic reports of sluggish consumption. Take the purchasing managers’ index reading for October released on Monday. At ₹1.87 trillion, the GST mop-up in October was India’s second-highest monthly figure since the regime’s rollout in 2017. Corporate earnings, though, have shown signs of weakness and equity …

Manufacturing Sector Recovers Strongly in October, with PMI Reaching 57.5
4 months, 3 weeks ago

Manufacturing Sector Recovers Strongly in October, with PMI Reaching 57.5

ABP News  

India's manufacturing sector rebounded in October, with the seasonally adjusted PMI rising to 57.5. The rise was driven by strong demand, increased new orders, and a boost in international sales. The sector's performance was buoyed by strong domestic demand as well as increased international orders. New export orders also grew in October, bouncing back after a sluggish September.

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 …

Private sector activity grew at 10-month low pace in September
5 months, 3 weeks ago

Private sector activity grew at 10-month low pace in September

The Hindu  

Growth in India’s private sector activity slowed to a ten-month low this September, as per the HSBC India Composite Output Index, which slipped from 60.7 in August to 58.3 last month, as factories and services players clocked a reduction in momentum. While manufacturing sector activity mellowed in September, with factory output and sales growing at the slowest pace so far …

Factory activity also cooled in September
5 months, 4 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 …

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