Manufacturing, services activity pick up pace in April: PMI

India's private sector kicked off FY26 on a strong note, buoyed by robust global demand for goods and services, according to HSBC's flash Purchasing Managers' Index (PMI) survey released Wednesday.

- Rhik Kundu

NEW DELHI:

Export orders surged at their fastest pace since the survey began in September 2014, propelling faster growth in both output and employment.

The HSBC Flash India Composite Output Index—which tracks activity across manufacturing and services—is expected to rise to 60 in April, up from 59.5 in March. A reading above 50 indicates expansion; the index has now remained in growth territory for over three years.