Private sector activity hits a record in August, services growth at all-time high
Published on: Aug. 21, 2025, 11:22 p.m. | Source: Economic Times
India's private sector experienced a significant surge in activity this month, with the Composite PMI reaching a new high of 65.2, driven by robust new orders. The service sector led the expansion, achieving its highest growth since 2005, while manufacturing also saw improvement. Despite rising input costs, companies remain optimistic about future business activity, supported by favorable demand prospects.
