India private sector posts nearly 5 years of expansion with April PMI 58.3
NewsBytes | April 23, 2026 5:40 PM CST
Domestic demand fuels hiring and investment
Homegrown demand powered both factories and services, helping businesses handle rising costs and supply issues.
Manufacturing was especially strong, with new orders pushing output up and companies hiring at their fastest pace in 10 months.
Even though margin pressure from higher input costs, firms kept investing in tech and capacity to stay ahead.
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