India's private sector activity improved in May, helped by a faster jump in services activity, according to data from S&P Global and HSBC on Wednesday.

The seasonally adjusted HSBC India Composite PMI Output Index rose to 59.3 in May from 58.2 in April, and was higher than the flash estimate of 58.1.

Meanwhile, the HSBC India Services PMI rose to 59.8 in May, compared with 58.8 in April. It marked the strongest rate of growth since November 2025, beating the consensus forecast of 58.9.

On the manufacturing side, the PMI stood at 55 in May, a rise from the previous month's figure of 54.7, and the consensus estimate of 54.3.