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(06/04/2026 11:45)

India services growth eases to 14-month low in March: PMI

India’s services sector expanded at its slowest pace in 14 months in March, reflecting a moderation in new business inflows, according to the latest survey.

The seasonally adjusted HSBC India Services PMI Business Activity Index declined to 57.5 in March from 58.1 in February, marking the weakest growth in activity and new orders since January 2025.

However, the index remained above the 50-mark, indicating continued expansion in the services sector despite the slowdown.
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