India's business growth dipped in March due to weaker services demand, PMI shows

India's business activity growth slowed in March, as strong manufacturing expansion couldn't fully offset a slowdown in the services sector, according to a private survey. The HSBC flash India Composite Purchasing Managers' Index (PMI) dropped to 58.6 from February's 58.8, slightly below expectations.

Mar 24, 2025 - 04:30
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India's business growth dipped in March due to weaker services demand, PMI shows
India's business activity growth slowed in March, as strong manufacturing expansion couldn't fully offset a slowdown in the services sector, according to a private survey. The HSBC flash India Composite Purchasing Managers' Index (PMI) dropped to 58.6 from February's 58.8, slightly below expectations.

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