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India's Purchasing Manager's Index marginally rises to 54.6 in August: HSBC
Updated On: 21 August, 2026 02:38 PM IST | New Delhi | mid-day online correspondent
Indian companies reported a slight increase in new order volumes in August, though the pace of growth remained below the trend seen over recent years, and the HSBC PMI report said challenging market conditions, competitive pressures and lower customer requirements often restricted growth during the month
Representational Image. File pic.
Growth in the domestic private sector expanded marginally in August, driven by the services sector with the HSBC Flash India Composite PMI (Purchasing Managers' Index) Output index rising to 54.6, according to news agency ANI.
Growth remains subdued in August
In July, the Index recorded a 52-month low at 54.3. Despite the expansion in the overall private sector activity, the growth continues to be subdued, as it remained at the second-weakest level since March 2022.
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