Growth of Indian services exports hits series peak in March
HSBC·2024-04-22 21:00
Growth of Indian services exports hits series peak in March Sources: HSBC, S&P Global PMI. Buoyant demand for Indian services created a cascade of positivity for the sector at the end of the current fiscal year. March saw one of the strongest expansions in total sales and business activity in close to 14 years, helped by a series record upturn in new export orders. The HSBC PMI®, compiled by S&P Global, also highlighted increased pressure on the capacity of service providers, which in turn supported the joi ...