India's services PMI climbs to 55.2 in September on domestic demand strength

India's services sector purchasing managers' index climbed to 55.2 in September, signalling strengthening domestic demand and business activity. New business growth accelerated during the month, reflecting improved conditions in the services economy.

However, the sector continues to face headwinds. Weaker export orders and slower employment growth underscore ongoing challenges for service providers navigating global and domestic uncertainties.