India’s services sector experienced robust growth in March, reaching one of the strongest expansion rates in over 13-and-a-half years, according to the Purchasing Managers’ Index (PMI) survey. The seasonally adjusted HSBC India Services Business Activity Index rose to 61.2 in March from 60.6 in February, indicating significant expansion in total sales and business activity.
India’s Services Sector Growth Hits 13-and-a-Half-Year High in March on Robust Demand Conditions: PMI
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