India’s services sector grows in June amid robust demand

Published 03/07/2025, 06:40
India’s services sector grows in June amid robust demand

Investing.com -- India’s services sector showed strong growth in June, driven by robust demand and easing price pressures, according to a survey released Thursday.

The HSBC final India Services Purchasing Managers’ Index (PMI), compiled by S&P Global, rose to 60.4 in June from 58.8 in May.

This figure was slightly below the preliminary estimate of 60.7.

The index remained well above the 50.0 threshold that separates growth from contraction in business activity, indicating continued expansion in India’s services sector.

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