A position indicator includes: a core body disposed within a casing such that a tip thereof projects from one opening of the casing; a printed board on which a circuit element for detecting pressing force applied to the tip is disposed; and a pen pressure detecting module formed by arranging, in an axial direction, plural parts for detecting a displacement corresponding to the pressing force. The plural parts are arranged within a hollow portion of a cylindrical holder portion housed within the casing. The holder portion has an opening portion in a side circumferential surface thereof. The opening portion is opened in a direction perpendicular to the axial direction. At least one of the parts is/are housed into the hollow portion through the opening portion. The holder portion includes a locking portion configured to prevent the at least one of the parts from falling out through the opening portion.