India's services growth hits six-month high on domestic demand, PMI shows
Published on: June 3, 2026, 10:39 a.m. | Source: The Economic Times
India's services sector expanded at its fastest pace in six months in May, driven by a surge in domestic demand, particularly in e-commerce, entertainment, and IT. While export orders saw slight growth, business confidence dipped for the second consecutive month, and job creation remained limited. Input cost inflation eased, providing some relief to service providers.
