03.09.202505:00:00UTC+00India's S&P Global Services PMI Rises to 62.9 in August, Indicating Robust Expansion

In a significant economic development, India's S&P Global Services PMI has registered a robust increase, climbing from 60.5 to 62.9 in August 2025. Updated on September 3, 2025, these figures denote a healthy and accelerating expansion in the services sector, reflecting strong market conditions and growing business activity across the country.

The rise from the previous indicator marks a notable boost, positioning August as a pivotal period for India's services industry. This performance underscores the dynamic momentum of the sector, contributing positively to the overall economic outlook of the nation. Economists and market analysts see this increase as a harbinger of potential growth prospects, fuelled by consumer demand and increased service offerings.

India's significantly elevated PMI bolsters confidence among stakeholders and reinforces the sector's vital role in the country's economic landscape. As businesses navigate the complexities of the modern market, this trend accentuates the resilience and opportunities within India's expanding services industry.