New Delhi, Dec. 3 -- India's dominant services sector gained momentum in the month of November this year on the back of new orders and rise in output, as per a private survey released on Wednesday.
The HSBC India services Purchasing Managers' Index (PMI), compiled by S&P Global, rose to 59.8 in November 2025 from 58.9 in the previous month.
While a PMI reading above 50 shows expansion in services activities, the print below 50 shows contraction.
The HSBC India Services PMI is based on responses to questionnaires sent to a panel of around 400 service sector companies. The key sectors include consumer (excluding retail), transport, information, communication, finance, insurance, real estate and business services.
Pranjul Bhandari, Chief...
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