New Delhi, Sept. 23 -- The HSBC composite Purchasing Managers' Index (PMI) output for India declined in September to 61.9, down from August's multi-year high of 63.2, according to the latest PMI report released by HSBC.

While the index retreated from its recent peak, as per the report, it continued to signal a sharp pace of expansion across the country's manufacturing and services sectors.

The HSBC Flash India Composite Output Index - a seasonally adjusted measure tracking the month-on-month change in the combined output of manufacturing and services - highlighted that India's private sector growth remained robust despite some signs of moderation.

The report stated "At 61.9 in September, the HSBC Flash India Composite* Output Index... ...