ReferIndia News India’s services sector recovers lost ground in April with strongest rate of expansion since November

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India’s services sector recovers lost ground in April with strongest rate of expansion since November

Published on: May 6, 2026, 11:04 a.m. | Source: Livemint

India's services sector showed recovery in April, with the HSBC PMI rising to 58.8. Increased output and new business orders were noted, alongside a shift to domestic suppliers. The composite PMI also rose to 58.2, indicating growth momentum across sectors.

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