India's Service Sector Hits 10-Month Growth High in June

  Published 9 months ago

India's service sector expanded at a 10-month high in June, driven by strong output, new orders, and international demand.

  • HSBC India Services PMI rose to 60.4, marking the fastest growth since August 2022.
  • Output and new orders surged, fueled by robust international sales and job creation.
  • Capacity pressures increased as outstanding business volumes grew faster than in May.

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