India’s services sector showed a stronger pace of expansion in September, with the HSBC India Services Purchasing Managers’ Index (PMI) edging up to 55.2, compared with 54.1 previously reported for the same month.
The latest reading, updated on 06 October 2026, signals a firmer improvement in business activity in the services economy. A PMI level above 50 indicates expansion, and the rise from 54.1 to 55.2 points to a pickup in growth momentum within India’s key services industries during September 2026.
While detailed drivers of the increase were not provided, the higher PMI suggests that service providers experienced better overall business conditions over the period, reinforcing the view that the sector remained in expansionary territory as the third quarter drew to a close.
