India's June services growth slips to 17-month low as demand, hiring cool, PMI shows
- Posted on July 3, 2026
- By Business News Today
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- 1 min read
India's June services growth slips to 17-month low as demand, hiring cool, PMI shows
India's services sector growth slowed significantly in June, hitting a 17-month low as domestic demand weakened. New business expansion also reached its slowest point in over two-and-a-half years, leading to a near standstill in hiring. While export orders offered some support, overall business confidence dipped due to economic challenges and global uncertainties.
