Rates of expansion in incoming new work and output eased to the slowest in 11 months, with companies refraining from recruiting additional staff, HSBC India Services PMI for December 2025, released on Tuesday, has indicated.
Services sector growth in India, in terms of new business, international sales and output, rose at the slowest rates since November 2023, HSBC India Services PMI showed on Friday.
The services sector in India experienced a further upturn in terms of business activity during July, according to HSBC India Services PMI data released on Monday.
Services activity in India rose at the quickest pace in three months in the month of November, thus supporting a sharp expansion in services output and further job creation.