Archive · 21 Aug 2025
India's Private Sector Hits Record High in August
India's businesses grew faster than ever in August, according to a survey.
The overall PMI, a measure of business activity, reached its highest point since the survey began.
Both the service sector and manufacturing saw strong growth, leading to increased hiring.
However, businesses also raised prices, pushing the output price index to its highest level in over 12 years, meaning things cost more for consumers.
India's private sector activity expanded at a record pace in August.
Composite PMI rose to 65.2, the highest since survey began in 2005.
The services sector saw a survey high of 65.6, while manufacturing hit its highest since January 2008.
Job creation was spurred as new business orders increased.
Output price index increased to over a 12-year high.
- Who
- HSBC and S&P Global
- What
- Private sector activity expanded at the fastest pace on record.
- When
- August
- Where
- India
- Why
- Due to a surge in demand and new business orders.
- Composite PMI
- 65.2
- Services PMI
- 65.6 (survey high)
- Manufacturing PMI
- 59.8 (highest since Jan 2008)
- Output Price Index
- 55.8 (over 12-year high)
Sources
India’s private sector posts record growth in August: HSBC flash survey
India’s economic boom in August fuels sharpest price hikes in over a decade, PMI shows
Private sector economy records fastest growth, PMI Index rises to 65.2
India's Private Sector Expanded At Record Pace in August
