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India’s March private business activity slows to lowest since October 2022, missing forecasts

India’s private-sector business activity, which had been on an upswing since the start of 2026, falters in March due to shockwaves from the Iran war

India’s private sector activity in March slowed to its lowest level since October 2022 as weaker domestic demand for goods and services offset the highest rise in international orders, according to the HSBC flash Purchasing Managers’ Index compiled b… [2294 chars]

Source: CNBC | Published: 2026-03-24T05:16:49Z

Credit: CNBC

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