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Private sector growth rose in January: PMI
Hindustan Times Thane
|January 24, 2026
India’s private sector business activity accelerated in January, recovering from a slowdown in late 2025, the HSBC Flash Purchasing Managers’ Index (PMI) released by S&P Global showed on Friday.
Growth quickened across manufacturing and services, aided by faster expansion in new orders.
(MINT)
The HSBC Flash India Composite PMI Output Index rose to 59.5 in January from a final reading of 57.8 in December. This signals a sharp expansion in output above the long-run average. If confirmed, the reading marks a recovery from December's ll-month low and remains well above the 50-mark separating expansion from contraction.
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