Bharat Express

Purchasing Managers’ Index

India's manufacturing sector saw a robust expansion in January, by a significant rise in new export orders and likely global restocking activity.

Accelerating to highest level in four months, India's service activity, measured by Purchasing Manager's index (PMI) rose to 59. 3 December, up from 58. 4 in the previous month.

India's business activity surged to a three-month high in November, fueled by strong growth in the services sector and a record pace of job creation.

India's private sector strengthened in June with higher activity in manufacturing & services, & increased hiring, latest PMI data by HSBC.

While the overall improvement in the health of the sector was the strongest since October 2020, output levels were the highest in 28 months and the pressure on capacities compelled firms to rev up fresh hiring to a six-month high.