India’s private sector activity picks up; job creation at 18-year high
India's private sector activity in May showed significant growth, with optimism for the future. The HSBC Flash India Composite Output Index rose to 61.7, driven by export demand and services sector acceleration. Employment also saw the most significant increase in almost 18 years.
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May 24, 2024
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India's private sector activity in May showed significant growth, with optimism for the future. The HSBC Flash India Composite Output Index rose to 61.7, driven by export demand and services sector acceleration. Employment also saw the most significant increase in almost 18 years.
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