India's Services Sector Growth Reaches Six-Month High in May

India's services sector witnessed its strongest expansion in six months this May, with the HSBC India Services PMI rising to 59.8 from April's 58.8. Driven by robust domestic demand, successful client acquisition, and a recovery in international export orders, the sector outpaced manufacturing growth. Consumer services emerged as the strongest category, highlighting the underlying resilience of the broader Indian economy.