India’s services activity expands on demand growth and easing cost pressures

India’s services sector expanded further as stronger demand, moderate input costs, and higher hiring aided economic momentum across consumer and business categories.

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9 days ago

India’s services activity expands on demand growth and easing cost pressures

India’s services activity expands on demand growth and easing cost pressures
India’s services sector registered another month of expansion, supported by stronger domestic demand and sustained improvement in new business volumes. Input cost increases remained moderate, helping firms maintain competitive pricing while protecting margins. Employment also strengthened as companies scaled operations to meet rising order flows.