Private Sector Activity Hits Four-Month High

Private sector activity hits four-month high

India’s private sector activity gained further momentum in October compared to September, with manufacturing reporting stronger performance compared to services, according to Flash Purchasing Managers’ Index (PMI) data released by S&P Global on Friday

Private sector activity hits four month high in October

India's private sector activity experienced significant growth in October, reaching a four-month high as new orders increased. The HSBC Flash India Composite Purchasing Managers' Index rose to 56.7, signaling expansion. Manufacturing output and new orders remained stable, while services activity saw notable improvement. Employment increased slightly, although firms showed caution in hiring due to adequate staffing levels. International demand co…

India October business growth hits 4-month high; hiring stalls, PMI shows

India’s Business Activity Hits Four-Month High as Hiring Growth Nearly Stalls

India's private-sector business activity rose to its strongest level in four months in October, driven by stronger orders and improved performance in the services sector. However, employment growth nearly stalled, indicating that businesses were managing increased workloads without significantly expanding their workforces.

Private Sector Growth in India Hits 4-month High in October, but Hiring Slows

Get latest articles and stories on Business at LatestLY. The private sector business activity in the country expanded at its fastest pace since June in October, supported by stronger new orders across manufacturing and services, even as job creation slowed to its weakest pace of the year, according to the HSBC Flash India Composite PMI. Business News | Private Sector Growth in India Hits 4-month High in October, but Hiring Slows.

India’s October business growth hits 4-month high; hiring stalls, PMI shows

India's October PMI shows four-month growth high driven by services, with hiring stagnant and easing input costs, signaling resilient but uneven expansion.