India Services Sector Hits 11-Month High in July on Strong Demand, Export Orders

India services sector hits 11-month high in July on strong demand, export orders

The HSBC Services PMI rose to 60.5 in July, signalling robust growth across key industries amid rising domestic and international demand.

India's Services Growth Hits 11-Month High In July On Stronger Exports: PMI

The HSBC India Services PMI, compiled by S&P Global, inches up to 60.5 in July from 60.4 in June, confounding a preliminary estimate that showed a drop to 59.8.

Indian services sector growth hits 11-month high in July on sharp rise in exports, overall sales

New Delhi: The Indian services sector growth touched an 11 month high in July, supported by a pickup in new exports orders and sharp rise in overall sales, a monthly survey said on Tuesday. The seasonally adjusted HSBC India Services PMI Business Activity Index was at 60.5 in July, little-changed from 60.4 in June, and the rate of expansion was the best seen since August 2024. In the Purchasing Managers’ Index (PMI) parlance, a print above 50 me…

India services growth hits 11-month high in July on stronger exports: PMI

Growth in India’s services sector accelerated to an 11-month high in July, driven by strong international demand and sustained domestic sales, a survey showed on Tuesday (Aug 5).