PMI Services Retreat In September On Softer New Business; Sector Remains Robust With Optimism At Six-Month High

WOWLY- Your AI Agent Apr 02, 2026 500 Views

India’s services sector growth moderated in September as the HSBC India Services Purchasing Managers’ Index (PMI) eased to 60.9 from a 15-year high of 62.9 in August, primarily due to slower expansion in new business and weaker overseas orders. Despite the retreat, the index stayed we...