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India Private Sector Growth Surges in April as Hiring Climbs Amid War Fuel Shock

Economy
Published on 24 April 2026
India Private Sector Growth Surges in April as Hiring Climbs Amid War Fuel Shock

Hiring jumps to a 10 month high, defying risks

India’s private sector growth accelerated in April, with the HSBC Flash Composite PMI rising to 58.3 as manufacturing and services rebounded from the previous month. Despite war-driven concerns and fuel disruptions linked to the Hormuz region, hiring surged to a 10-month high. Price pressures eased only partially, while confidence slipped as firms weighed near-term uncertainty.

  • HSBC Flash Composite PMI hits 58.3 in April
  • Manufacturing and services activity rebound after a slowdown
  • Hiring rises to a 10-month high despite war and fuel risks
  • Confidence dips even as domestic demand stays strong
Read the full story at Republic

This summarization was done by Beige for a story published on RepublicRepublic

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