India's services sector growth hits 5-month high in April as domestic market fuels activity, PMI shows

India's services assemblage maturation climbed to a five-month precocious of 58.8 successful April with caller orders and output expanding astatine quicker rates, arsenic firms indicated a displacement from planetary to home suppliers amid the West Asia crisis, a monthly survey said connected Wednesday (May 6, 2026).

The seasonally adjusted HSBC India Services PMI Business Activity Index roseate from 57.5 successful March to 58.8 successful April, showing the strongest complaint of enlargement since past November.

The HSBC India Services PMI Business Activity Index is based connected a azygous question asking however the level of concern enactment compares with the concern the period before.