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India Services Sector Growth Hits 10-Month High as Demand Surges, PMI Shows

India's services sector expanded strongly in June 2025, with the HSBC Services PMI rising to 60.4, its highest in ten months.
This growth followed robust domestic demand and a steady rise in international orders, while input cost inflation eased to a ten-month low.
The manufacturing sector also showed accelerated growth in June, with the PMI reaching 58.4, contributing to an overall composite PMI of 61.0.
HSBC's Chief India Economist Pranjul Bhandari highlighted that profit margins grew since the increase in input expenses was less pronounced than the rise in prices charged, although provider confidence weakened slightly.
The combined data implies continued economic resilience supported by strong demand, easing price pressures, and sustained employment growth despite a slight hiring slowdown.

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The New Indian Express

Lean Left

India’s services hits 10-month high in June; driven by strong demand, export surge

In June, new orders grew at the fastest pace since August 2024, with services firms benefiting most from the sustained strength of the domestic market.

11 hours ago·India

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ABP News

Lean Right

Private Sector Momentum Builds In June As Services PMI Hits 10-Month High

The expansion was visible across major services segments, with Finance & Insurance registering the strongest growth in both activity and orders

18 hours ago·India

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NDTV

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India's Services Sector Activity Surges To 10-Month High In June: Report

The growth in India's services sector activity surged to a 10-month high in June, driven by robust demand in both the domestic and export markets, according to an HSBC survey released on Thursday. Service sector growth also improved recruitment.

18 hours ago·New Delhi, India

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Indian Express

Lean Left

India services sector growth hits 10-month high as demand surges, PMI shows

The strong demand supported continued job creation although employment growth eased from the record-high touched in May.

19 hours ago·India

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Latestly

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Indian Services Sector Growth Touches 10-month High in June on Sharp Upturn in New Business: PMI

Get latest articles and stories on India at LatestLY. The Indian services sector growth touched a ten-month high in June aided by robust expansion in international sales and job creation, amid positive demand trends and ongoing improvement in sales, a monthly survey said on Thursday. India News | Indian Services Sector Growth Touches 10-month High in June on Sharp Upturn in New Business: PMI.

19 hours ago

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