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3 months ago General
#WATCH | India’s private sector activity recorded strong growth in April 2026, supported by robust domestic demand and a sharp increase in new orders. The HSBC Flash India PMI Composite Output Index rose to 58.3 from 57 in March, while the Services PMI increased to 58.8, marking a five-month high.
Growth was driven by competitive pricing, expanding e-commerce activity, and rising demand for logistics and relocation services. The manufacturing sector also contributed significantly through higher production and increased order volumes.
Employment generation strengthened during the month, with companies stepping up hiring of temporary staff and junior-level trainees to meet growing business demand, pushing job creation to its highest level in ten months.
Despite some moderation in international demand due to ongoing tensions in West Asia, Indian companies remained optimistic about business conditions over the next year. Firms are also building buffer stocks to mitigate potential supply-side disruptions.
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