HSBC India Composite PMI climbs to 58.3 on manufacturing rebound
NewsBytes | April 23, 2026 5:40 PM CST
India employment reaches 10 month high
Strong local demand and fresh investments in tech helped companies land more business, pushing employment to its highest point in 10 months as firms geared up for future growth.
Manufacturing exports also saw their fastest jump in nine months, though services exports slowed down due to global tensions.
To stay ahead of supply issues and rising costs, many companies stocked up on raw materials and finished goods just in case things get bumpy.
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