India services growth picks up in September, PMI touches 55.2

October 6, 2026 12:56 PM

India services growth picks up in September, PMI touches 55.2

India's services sector expanded at its fastest pace in three months in September, supported by stronger domestic demand and a sharp rise in new orders, according to the HSBC India Services PMI released on Tuesday.   The seasonally adjusted HSBC India Services PMI Business Activity Index rose to 55.2 in September from 54.1 in August, signalling the strongest expansion in services activity since June.   New business also increased sharply during the month, recording its fastest growth in th...

India’s Services PMI surges to 62.9 in August, fastest growth since 2010

September 3, 2025 12:19 PM

India’s Services PMI surges to 62.9 in August, fastest growth since 2010

India’s services sector recorded its fastest pace of growth in more than 14 years, with the HSBC India Services PMI Business Activity Index rising to 62.9 in August from 60.5 in July, according to the HSBC PMI survey report. This marked the steepest rate of expansion since June 2010, reflecting a sharp surge in demand and business activity. The report said, “HSBC India Services PMI Business Activity Index - based on a single question asking how the level of business activity compares with ...