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of <h1>India's services sector hits ten-month high with PMI rising to 60.4 driven by domestic demand and exports</h1> India's services sector growth reached a ten-month high in June, with the PMI Business Activity Index rising to 60.4 from 58.8 in May. The expansion was driven by strong domestic demand and increased export orders from Asian, Middle Eastern, and US markets. Employment grew for the 37th consecutive month, though job creation slowed from May's record pace. New orders expanded at the fastest rate since August 2024. The composite PMI rose to 61, indicating the fastest expansion in 14 months, while business confidence slightly declined to its lowest level since mid-2022.
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