India’s service economy surged in August, with record demand, faster job growth, and highest activity since 2010.

• Services PMI rose to 62.9, strongest expansion since 2010, driven by demand buoyancy and efficiency gains.
• Composite PMI climbed to 63.2, fastest pace in 17 years, supported by robust services-led business intakes.
• Employment grew solidly, with services reporting quicker job creation, while business costs and output prices accelerated.