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Flash PMI surges to eight-month high riding on foreign orders
Financial Express Lucknow
|April 24, 2025
Positive Sign
INDIA'S PRIVATE SECTOR business grew to an eight-month high in April fuelled by robust demand, particularly a surge in foreign orders for manufactured goods, according to a survey by HSBC Holdings.
Rising from a final reading of 59.5 in March to 60 in April, the HSBC Flash India Composite Output Index—a seasonally adjusted index that measures the month-on-month change in the combined output of India's manufacturing and service sectors—highlighted the fastest rate of expansion since August 2024.
This story is from the April 24, 2025 edition of Financial Express Lucknow.
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