PMI

India's economic calendar this week will track factory and services activity alongside a major energy policy push, offering key signals on growth, inflation and industrial strategy

The reading remained above 50, which denotes expansion in activity, while a reading below that signifies contraction

India's private sector activity recovered in April with PMI rising to 58.3, driven by manufacturing output and sales, though input costs remained elevated amid fuel and raw material pressures

The flash manufacturing PMI stood at 55.9 compared to 53.9 in March, while the services PMI came in at 57.9 versus 57.5 earlier

Input cost inflation hit a 43-month high in March, while softer demand, market uncertainty and the West Asia war slowed new orders and output growth

Flash data shows private sector growth slowed sharply as West Asia conflict hit demand and raised costs, though expansion remained above 50 mark

India's private sector growth slows to its weakest pace since late 2022 as soft domestic demand and rising costs weigh, even as export orders hit a record high

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However, the latest figure was significantly lower than the Flash India Manufacturing PMI of 57.5, released last month

The overall result suggests India's economy ‌is expected to remain resilient this quarter after posting 7.8 per cent growth in October-December

Companies recruit additional staff and scale up output as sales improve

The improvement was supported by robust total new orders which rose at he quickest pace since November

India's manufacturing activity picked up in January as new orders, output and hiring rose, lifting the PMI to a two-month high, though business confidence stayed subdued, S&P Global data showed

January manufacturing PMI: The rebound in January came after the seasonally adjusted PMI touched a two-year low of 55.0 in December 2025

Flash PMI January 2026: Both manufacturing and services showed similar rates of growth during the month

December manufacturing PMI: New business continued to grow at a strong rate, but the pace was the slowest since December 2023

Flash PMI December 2025: Both manufacturing and service sectors witnessed muted growth in business activity

India's manufacturing PMI fell to a nine-month low in November as new orders, export demand and hiring softened, with companies citing tariff pressures and fading GST-related gains

November Flash PMI 2025: The overall growth remained strong, with the index staying well above the neutral mark

Goods and services tax (GST) relief, productivity gains and tech investment led to a faster increase in new orders