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India's services sector growth hits 15-year high in Aug

Name: India's services sector growth hits 15-year high in Aug
Uploaded: Wed, 03 Sep 2025 12:29:00 +0530
Channel: Rediff Video Desk
Description: The Indian services sector growth touched a 15-year high in August, driven by a sharp rise in new orders and output, amid substantial improvement in demand conditions, a monthly survey said on Wednesday.The seasonally adjusted HSBC India Services PMI Business Activity Index was up from 60.5 in July to 62.9 in August, indicating the steepest rate of expansion since June 2010.

The Indian services sector growth touched a 15-year high in August, driven by a sharp rise in new orders and output, amid substantial improvement in demand conditions, a monthly survey said on Wednesday. The seasonally adjusted HSBC India Services PMI Business Activity Index was up from 60.5 in July to 62.9 in August, indicating the steepest rate of expansion since June 2010.

Uploaded by: Rediff Video Desk on Wed, 03 Sep 2025 12:29:00 +0530

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