{"id":17901,"date":"2025-10-06T10:27:58","date_gmt":"2025-10-06T10:27:58","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/10\/06\/indias-services-sector-growth-cools-in-september-but-remains-robust-pmi-data-economy-news\/"},"modified":"2025-10-06T10:27:58","modified_gmt":"2025-10-06T10:27:58","slug":"indias-services-sector-growth-cools-in-september-but-remains-robust-pmi-data-economy-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/10\/06\/indias-services-sector-growth-cools-in-september-but-remains-robust-pmi-data-economy-news\/","title":{"rendered":"India\u2019s Services Sector Growth Cools In September But Remains Robust: PMI Data | Economy News"},"content":{"rendered":"


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Last Updated:<\/span>

The index\u2019s continued stay above the 60-mark for the fourth straight month reflects robust business expansion and resilient demand conditions<\/h2>\n
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Services Sector<\/p>\n<\/figure>\n

India\u2019s services sector maintained strong momentum in September, with activity holding comfortably above the expansion threshold despite a slight moderation from August\u2019s peak. The index\u2019s continued stay above the 60-mark for the fourth straight month reflects robust business expansion and resilient demand conditions.<\/p>\n

The HSBC India Services Purchasing Managers\u2019 Index (PMI) came in at 60.9, easing from a 15-year high of 62.9 recorded in August, according to data released on October 6.<\/p>\n

The slowdown in services activity was milder compared to the manufacturing sector, where the PMI dipped to a four-month low of 57.7 from 59.3 in August. Economists said services remain a key growth driver for India\u2019s economy, even as global trade challenges weigh on manufacturing exports.<\/p>\n

At the Kautilya Economic Conclave (October 3\u20135), global experts highlighted that IT, financial services, and digital platforms will play a pivotal role in helping India achieve its goal of becoming a developed economy by 2047.<\/p>\n

Last week, the Reserve Bank of India raised its FY26 growth forecast for the country to 6.8% from 6.5% earlier, projecting Q2FY26 growth at around 7%. This follows India\u2019s stronger-than-expected 7.8% GDP growth in the first quarter of the fiscal year.<\/p>\n

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\"Aparna<\/figure>\n

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Aparna Deb<\/a><\/p>\n

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More<\/span><\/p>\n<\/div>\n<\/div>\n

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More<\/span><\/p>\n<\/div>\n<\/div>\n

Click here<\/a> to add News18 as your preferred news source on Google. Stay updated with all the latest business news, including market trends<\/a>,\u00a0stock updates<\/a>,\u00a0tax<\/a>, IPO,\u00a0banking finance<\/a>, real estate, savings and investments. To Get in-depth analysis, expert opinions, and real-time updates. Also Download the\u00a0News18 App<\/a> to stay updated.<\/span><\/div>\n
First Published:<\/span><\/p>\n
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October 06, 2025, 15:38 IST<\/p>\n<\/div>\n<\/div>\n

News<\/a> business<\/a> economy<\/a> India\u2019s Services Sector Growth Cools In September But Remains Robust: PMI Data<\/span><\/div>\n
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Last Updated:October 06, 2025, 15:38 IST The index\u2019s continued stay above the 60-mark for the fourth straight month reflects robust business expansion and resilient demand conditions Services Sector India\u2019s services sector maintained strong momentum in September, with activity holding comfortably above the expansion threshold despite a slight moderation from August\u2019s peak. The index\u2019s continued stay…<\/p>\n","protected":false},"author":1,"featured_media":17902,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-17901","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/17901","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=17901"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/17901\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/17902"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=17901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=17901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=17901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}