New Delhi, Feb. 20 -- India's private sector activity strengthened further in February, with the HSBC Flash India PMI Composite Output Index rising to 59.3 from 58.4 in January, marking the strongest rate of expansion in three months, according to data released by HSBC.

The HSBC Flash India PMI Composite Output Index, which measures the month-on-month change in the combined output of India's manufacturing and service sectors, indicated continued strong growth momentum across the private sector.

According to HSBC, the acceleration in growth was driven primarily by a quicker increase in factory production, while the services sector maintained a broadly similar pace of expansion as seen at the start of the 2026 calendar year.

It stated th...