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      India's HSBC Composite PMI Rises to 56.5 in September

      The HSBC India Composite Purchasing Managers' Index (PMI) recorded a value of 56.5 in September 2026, indicating a notable increase from the previous month's figure of 54.3. This rise suggests a strengthening in the overall economic activity within the country, as the PMI is a key indicator of business conditions and economic health.

      A PMI reading above 50 signifies expansion in the sector, while a reading below 50 indicates contraction. The latest data reflects positive sentiment among businesses in India, contributing to expectations of continued growth in the economy. The composite index combines both manufacturing and services sectors, providing a comprehensive overview of economic performance.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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