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BUSINESS

India’s Flash Composite PMI Rises to 56.7; Hiring Momentum Stalls

25, Oct 2026 21 Views

India’s flash composite PMI rose to 56.7 in October from September’s final 55.9, Reuters reported on 23 October, citing HSBC’s survey compiled by S&P Global.

Services drove the improvement, but hiring nearly stalled.

The index is a preliminary survey signal, not a percentage rate of GDP growth or a final employment count. Stronger activity in this release is not a guarantee of new vacancies.

Sources and reference date: 24 October 2026

Illustration contrasting stronger surveyed business activity with subdued hiring. Image: original illustration.

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