Indian economy on strong footing! April business growth at near 14-year high, PMIs show

India's business activity expanded at its fastest pace in nearly 14 years this month, driven by robust demand and positive jobs growth. The HSBC's flash India Composite purchasing managers' Index rose to 62.2, indicating strong performance in both manufacturing and service sectors.

Apr 23, 2024 - 17:30
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Indian economy on strong footing! April business growth at near 14-year high, PMIs show
India's business activity expanded at its fastest pace in nearly 14 years this month, driven by robust demand and positive jobs growth. The HSBC's flash India Composite purchasing managers' Index rose to 62.2, indicating strong performance in both manufacturing and service sectors.

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