New Delhi, March 4 (TIWN) Healthy demand as well as easing Covid-19 restrictions sequentially accelerated India's service sector growth in February 2022.

Accordingly, the seasonally adjusted India Services Business Activity Index came in at 51.8 (index reading) for February, higher than 51.5 in January.  The PMI ranges between 0 and 100, with a reading of above 50 indicating an overall increase compared to the previous month.