New Delhi, April 23 -- India's private sector grew faster in April, with strong expansion in both manufacturing and services, according to HSBC's latest flash Purchasing Managers' Index (PMI) data.

The HSBC Flash India PMI Composite Output Index rose to 58.3 in April, up from 57.0 in March, indicating solid growth compared to the long-term average.

The improvement comes after a slower March. Businesses reported better demand and a pickup in activity. The survey noted that overall output and new orders increased at a faster pace at the start of the new fiscal year, supported by capacity expansion, stronger demand, more new work, and technology investments

"Aggregate activity and new orders in India's private sector expanded at quicker r...