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India Services PMI Rises to 6-Month High of 61.8 in January.

Economy & Business | Dated: 04 Feb 2026

The HSBC India Services Purchasing Managers’ Index (PMI) rose to a six-month high of 61.8 in January 2026, up from 59.0 in December. A reading above 50 indicates expansion. The growth was driven by a sharp increase in new business orders, particularly from international markets.

🎯 Key Highlights:

  • The Composite PMI Output Index also rose to 61.2.
  • India has remained in the expansion zone for over 30 consecutive months.
  • Strong demand was observed from clients in Afghanistan, USA, UK, and UAE.

💡 Other Important Facts:

  • Indicator: Services PMI.
  • Value: 61.8.
  • Trend: Expansion.

📚 Test Your Knowledge:

What was the value of the HSBC India Services PMI in January 2026, marking a six-month high?

Correct Answer: 61.8

🚀 Quick Recap:

About PMI

  • Full Form – Purchasing Managers Index
  • Expansion – Above 50