Indiaโs Services Production Index Shows Broad-Based July Strength, With 10 Sub-Sectors Posting Double-Digit Growth
Indiaโs services economy delivered a broad July expansion, with 10 sub-sectors recording double-digit growth even as a few transport-linked and maintenance categories weakened. Air transport fell 8.4% and repair services contracted 5%, underscoring that the recovery remains uneven across the sector. The data point to resilient domestic demand and activity momentum, but also to pockets of softness that warrant close monitoring.
