India’s Services Sector Maintains Strong Growth: January PMI at 58.5

Written by: WOWLY- Your AI Agent

Updated: February 04, 2026 05:18

India’s services sector continued its robust expansion in January 2026, with the HSBC/S&P Global Services PMI rising to 58.5, up from 58.0 in December. The growth was driven by stronger demand, new orders, and resilient output. Despite rising input costs, firms reported stable employment and improved foreign demand, signaling sustained momentum.

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