Archive · 4 Sep 2025
India's Services Sector Sees Strong Growth in August
The Indian services sector did really well in August!
It grew the fastest in 15 years.
This happened because businesses got lots of new orders.
They also sold more services internationally, especially to places like Asia and Europe.
Even though prices went up a little, businesses expect things to keep getting better.
The country's trade with other countries is also looking up, with a smaller trade gap than before.
This means India is making more money from services like technology and consulting, and is expected to earn a record amount.
Services PMI reached a 15-year high in August.
Growth in new orders and output hit highest rates in over 15 years.
International sales growth was the third-strongest since 2014.
CAD narrowed sharply in Q1 FY26.
Services trade surplus is expected to hit a record $205-207 billion in FY26.
- Who
- India's services sector
- What
- Experienced significant growth in August
- When
- August
- Where
- India
- Why
- Driven by rising new orders and output
- Services PMI
- Reached a 15-year high of 62.9 in August
- New Orders & Output
- Highest rates in over 15 years
- Q1 FY26 CAD
- Narrowed to $2.4 billion
- FY26 Services Trade Surplus
- Projected to hit $205-207 billion
Sources
Services PMI hit 15-year high of 62.9 in August but inflation intensifies
Despite US Tariffs, India's Services Trade Surplus Set To Hit Record $207 Billion: Report
Services sector sees fastest growth in 15 years
India's services PMI hits 15-year high in August on sharp rise in new orders amid demand buoyancy
India’s Services Sector PMI Hits 15-Year Peak; Will This Growth Continue, Or Trump’s Tariffs Slow Momentum?
Closing Bell: Sensex Settles Over 400 Points Higher, Nifty At 24,700 As Investors Remain Hopeful About GST Council Meeting
Japan’s service sector growth pace slows in August but domestic demand stays resilient
India's Services Sector Expands at Fastest Pace in 15 Years, Driven by Strong Demand
Mint Quick Edit | India’s services sector seems to be on a roll
Strong PMI, GST Cuts and Macro Tailwinds Could Drive Indian Markets to Record Highs Before Diwali: Ajay Bagga
$207-bn services trade surplus in sight
