💨 Abstract

India's services sector expanded at its slowest pace in over two years in January 2025, with new business growth weakening and demand momentum softening, according to the HSBC India Services PMI data. Despite the slowdown, the sector remains resilient, with solid job creation, strong export growth, and steady business confidence. However, inflationary pressures and rising competition could act as headwinds in the coming months.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖