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
KKR will acquire a majority stake in Allfleet and a minority holding in PMI Electro
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
India's manufacturing PMI climbed to 59.2 in October, signalling robust factory activity as GST relief, strong domestic demand and easing input costs spurred output and jobs
On the price side, the divergence of rising raw material prices and falling finished goods prices remains, keeping corporate profit margins under pressure