Signal Desk · Economy

India services activity rises to 3-month high in September

2026-10-06 · 1 source · Economic Times Economy

In short

India’s services activity rose in September. The HSBC index increased to 55.2 from 54.1 in August, which means the sector was still growing.

The number is higher than last month, but lower than 60.9 in September 2025. The report does not say what caused the improvement.

What the reporting says

The HSBC India Services Business Activity Index rose to 55.2 in September from 54.1 in August, reaching a three-month high, according to the publisher-supplied summary. The reading stayed above 50, which indicates expansion, but remained below the 60.9 level recorded in September 2025. The immediate takeaway is stronger services growth momentum, while the report does not state what specifically drove the rise.

Why it matters

The HSBC India Services Business Activity Index points to faster services-sector expansion in September, with the gauge moving to 55.2 from 54.1. Because the reading remains above 50, it signals continued growth, but the summary gives no breakdown by industry or demand source. The main market implication is a firmer domestic activity backdrop, though the report does not explain the drivers of the increase.

Touches: HSBC, Economy, Markets, Global

Sources