India's private sector growth fell to a four-year low in July, with the HSBC Flash India Composite PMI dropping to 54.3 due to a services sector slowdown.
The services sector, a key driver of India's recent growth, has been severely hit
Jul 24, 2026
11:49 am
What's the storyIndia's private sector growth has hit a four-year low in July, mainly due to a sharp slowdown in the services sector.
The HSBC Flash India Composite Purchasing Managers' Index (PMI), compiled by S&P Global, fell to 54.3 from June's 57.1.
Indias private sector growth slowed sharply inJuly, reaching its weakest level in more than four years, mainly due to a…
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