ReferIndia News India's Services Sector Surges: PMI Hits Two-Month High

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India's Services Sector Surges: PMI Hits Two-Month High

Published on: Feb. 4, 2026, 11:40 a.m. | Source: Devdiscourse

India's services sector experienced robust growth in January, with the Services PMI hitting a two-month high of 58.5 and the Composite PMI rising to 58.4. Main drivers included domestic market strength, new business gains, and increased hiring, supported by improved demand conditions across manufacturing and services.

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