Written by 11:24 am News

India’s Services Sector Hits 10-Month High in June

India’s Services Sector Hits 10-Month High in June

News Highlights

  • The HSBC India Services PMI, compiled by S&P Global, surged to 60.4 in June from 58.8 in May — marking its strongest growth in 10 months. reuters.com
  • Notable growth in new orders, both domestic and export-led, was reported. The Composite PMI (services + manufacturing) also rose to 61.0, the fastest in 14 months. reuters.com
  • Although job growth continued, it slowed from the record set in the previous month. Meanwhile, input cost inflation eased, but business confidence dipped to its lowest in over two years.

Why It Matters

  • Sustained sector growth signals increased job creation, which is promising for fresh graduates and employees seeking new roles.
  • Slower hiring may caution your audience to enhance employability with certifications and skills.
  • Healthcare and education services are likely hiring hotspots — focus areas for students and job seekers.
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Last modified: July 3, 2025