Mumbai, June 23 -- The HSBC Flash India Composite Output Index - a seasonally adjusted index that measures the month-on-month change in the combined output of India's manufacturing and service sectors - climbed to a 14-month high of 61.0 in June.

Rising from 59.3 in May, the latest reading was consistent with a sharp rate of expansion that was well above the long-run series average.

Several positive developments emerged from the June HSBC 'flash' PMI data, as Indian companies scaled up output in response to faster increases in total new business intakes and international sales.

Notably, the upturn in export orders was the strongest since comparable data became available in September 2014.

With pending workloads continuing to accumulat...