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India Services Growth Strongest In Over 13 Years

India's service sector activity expanded at the fastest pace in just over thirteen years amid a substantial improvement in demand conditions, the results of the purchasing managers' survey by S&P Global showed on Thursday.

The services Purchasing Managers' Index, or PMI, climbed to 62.3 in July from 58.5 in June. A score above 50 indicates expansion in the sector.

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by RTTNews Staff Writer

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