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India’s private sector activity continues to expand; PMI eases to 58.1 in April

The Statesman Delhi

|

May 22, 2026

India’s private sector activity continued to expand in May signalling sustained but marginally softer growth momentum.

- STATESMAN NEWS SERVICE

The HSBC Flash India Composite PMI easing slightly to 58.1 from 58.2 in April, according to S&P Global data.

The data showed a pickup in services activity, which was offset by a weaker rise in factory production—the second-slowest since mid-2022.

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India’s private sector activity continues to expand; PMI eases to 58.1 in April

India’s private sector activity continued to expand in May signalling sustained but marginally softer growth momentum.

time to read

1 min

May 22, 2026

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