India's services sector growth jumped to its highest pace in over thirteen years in July, according to a private survey.
According to S&P Global, India's purchasing managers' index (PMI) for services grew to its highest level since June 2010 to 62.3 in July. A reading above 50 shows an expansion in the sector. The rise in PMI was attributed to "demand strength and new business gains".
India's services sector growth jumped to its highest pace in over thirteen years in July, according to a private survey.
According to S&P Global, India's purchasing managers' index (PMI) for services grew to its highest level since June 2010 to 62.3 in July. A reading above 50 shows an expansion in the sector. The rise in PMI was attributed to "demand strength and new business gains".
India's services sector growth jumped to its highest pace in over thirteen years in July, according to a private survey.
According to S&P Global, India's purchasing managers' index (PMI) for services grew to its highest level since June 2010 to 62.3 in July. A reading above 50 shows an expansion in the sector. The rise in PMI was attributed to "demand strength and new business gains".
