The manufacturing purchasing managers index fell to 56.5 in November, the lowest in 11 months, following which the services index for the month under review slipped marginally to 58.4, remaining in the expansion zone.

Growth in India's dominant services sector remained strong in November despite the steepest rise in prices for over a decade, while consistent demand led to a significant rise in business sentiment and record hiring,

The HSBC India Services Purchasing Managers’ Index (PMI), came in at 58.4 in November, down from 58.5 in October but higher than the 57.7 figure reported in September.

India's Services Purchasing Managers' Index (PMI) remained robust at 58.4 in November, showing little change from October's 58.5, though slightly below the preliminary estimate of 59.2. Demand Supported by International Growth A sub-index for new business indicated strong demand,