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Business Jun 23, 2025

India's business activity skyrockets in June

India's private sector activity hit a 14-month high in June, with both services and manufacturing seeing strong demand.
The HSBC Flash India Composite PMI climbed to 61.0, up from May's 59.3—signaling steady growth across the board.
Manufacturing especially stood out, thanks to a big jump in new export orders.

TL;DR

Manufacturing export orders reach record levels

Manufacturing export orders reached their highest levels since records began in 2014, leading to the biggest boost in factory jobs seen in over 20 years.
Service companies also kept hiring, though not as quickly as before.
On the flip side, input costs eased up (good news for prices), but manufacturers aren't feeling super confident right now—uncertainties like US trade tariffs have made them more cautious about the future.