India’s services sector PMI rises to 61.2 in March, driven by robust export demand, according to an HSBC Bank survey. The growth marks 32 consecutive months above the 50-mark, indicating expansion. The survey highlights strong sales and business activity, with March experiencing one of the most substantial expansions in over a decade. The composite PMI output index also increases to an eight-month high of 61.8. The positive trend reflects buoyant demand and efficiency gains, contributing to the sector’s resilience at the end of the fiscal year.