Graphic of the day: Dual sector growth

India's manufacturing and services activity strengthens at year-start, though both remain below mid-2025 peak levels

Last Updated: Feb 04, 2026, 13:14 IST1 min

New

India's services sector showed resilience in January 2026, with the PMI edging up to 58.5 from 58.0 in December, signalling a pickup in activity. This marks a recovery from recent months' decline after the sector peaked at 62.9 in August 2025. The manufacturing sector also showed marginal improvement in January 2026, with the PMI rising to 55.4 from 55 in December indicating synchronized growth across both sectors despite moderating from mid-2025 peaks.

First Published: Feb 04, 2026, 13:16

Subscribe Now