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Indian Service Sector News

Indian Service Sector

04 Jan 2023

India's services sector growth hits 6-month high in Dec on strong demand

The Indian services sector growth touched a six-month high in December. For the 17th straight month, the headline figure was above the neutral 50 thresholds. Data collection began in December 2005.

Service exports

15 May 2015

Services exports fall 1.9% to $14.05 bn in Mar 2015

The services sector contributes about 60 percent to country's GDP.

04 Mar 2015

Services growth soars to 8-month high: HSBC

The HSBC India Services Business Activity Index, which tracks changes in activity at Indian services companies on a monthly basis, rose to an eight-month high of 53.9 in February, as against 52.4 in the previous month.

03 Sep 2014

Service sector activity slowed in August as order flows moderated

The service sector activity in the country moderated in August, indicating a need for improvement in reform momentum to lift sentiment in the sector, an HSBC survey said on Wednesday.

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