New Delhi, Jan. 2 -- India's factory activities lost momentum in December 2025 as new orders, output and sales slowed down during the month, as per a private survey released on Friday.

The HSBC India manufacturing purchasing managers' index (PMI) compiled by S&P Global fell from 56.6 in November to 55 in December this year, marking the weakest improvement in the health of the sector in the last two years.

A PMI score below 50 means contraction while above it shows expansion in activities. The survey compiled by S&P Global is one of the closely-watched high frequency economic indicators by policymakers, economists and market-watchers.

The India manufacturing PMI survey is based on responses to questionnaires sent to purchasing managers ...