The HSBC India Composite PMI rose to 59.5 in January 2026 from December’s 11-month low of 57.8, flash data showed. The reading was well above the long-run average, driven by stronger growth in both manufacturing and services. New orders accelerated amid firmer demand and aggressive marketing campaigns, while foreign demand rose the most in four months, led by Asia, Australia, Europe, Latin America, and the Middle East. Hiring resumed after December’s stagnation, with job creation modest but broadly in line with historical trends. Outstanding business rose for a second month, though accumulation was marginal. On prices, input cost inflation hit a four-month high yet stayed modest by historical standards, while output price inflation was the highest in three months. Lastly, business sentiment improved to a three-month high, supported by efficiency gains, stronger demand, allocated marketing budgets, and favorable exchange rate conditions, though it remained below the series average. source: S&P Global
Composite PMI in India increased to 59.50 points in January from 57.80 points in December of 2025. Composite PMI in India averaged 53.78 points from 2013 until 2026, reaching an all time high of 63.20 points in August of 2025 and a record low of 7.20 points in April of 2020. This page provides - India Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Composite PMI in India increased to 59.50 points in January from 57.80 points in December of 2025. Composite PMI in India is expected to be 59.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Composite PMI is projected to trend around 55.00 points in 2027 and 53.00 points in 2028, according to our econometric models.