The HSBC India Composite PMI climbed to 61.0 in June 2025, aligning with the preliminary estimate and achieving its highest point since April 2024. This increase from 59.3 in May underscores robust momentum within the economy, as service sector activity expanded at its fastest rate in ten months, and manufacturing output increased at its swiftest pace in 14 months. New business orders surged significantly, recording the highest rise since August 2024, buoyed by unprecedented growth in overseas sales. However, employment growth experienced a slight deceleration, primarily due to a slowdown among service providers, though the overall expansion rate remained historically robust. In terms of inflation, input cost pressures eased to their lowest level since August 2024, and output prices rose at their slowest rate in three months. This deceleration was noted broadly across both the manufacturing and services sectors.