Services output in April expands at fastest rate in nearly 13 years
Despite the substantial uptick in new orders, staff levels in the service sector increased only marginally in April.
Despite the substantial uptick in new orders, staff levels in the service sector increased only marginally in April.
The seasonally adjusted S&P Global India Services PMI Business Activity Index rose from September's six-month low of 54.3 to 55.1 in October.
Indian service providers welcomed stronger expansion in new work intakes, with a quicker upturn in business activity and the sharpest rise in employment for over 14 years, shows S&P Global India data