The HSBC India Services PMI was revised higher to 60.5 in July 2025, up from the preliminary estimate of 59.8 and slightly above June’s reading of 60.4. This marked the fastest expansion in the services sector since August of last year, driven by strong growth in new orders, foreign sales, and output. Employment increased, although job creation was modest and the slowest in 15 months. On the price front, both input and output prices rose at a faster pace than in June. Finally, business sentiment remained optimistic, supported by efficiency gains, marketing efforts, technological innovation, and a growing online presence.
Manage Consent
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.
The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.