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In October, India s services sector growth slowed due to competition and inflation, as the S&P Global India Services Purchasing Managers Index dropped from 61.0 in September to 58.4. Despite this, the sector remained above the contraction threshold for the 27th consecutive month. The Composite PMI also decreased to 58.4, data showed. ....
India's service sector growth decelerated at the start of the third fiscal quarter but the pace of growth remained robust, survey data from S&P Global showed on Friday. ....
India's manufacturing growth slowed in October but remained robust despite challenging global economic conditions, survey results from S&P Global showed on Wednesday. ....
India s services sector had its strongest output in 13 years in September, according to the S&P Global s services PMI. The reading of 61 indicated growth for the 26th consecutive month. Demand strength domestically, as well as higher international sales to Asia, Europe, and North America, contributed to the positive results. Business sentiment and job creation also remained solid. ....