India's services sector recorded its fastest quarterly growth since 2015, with professional consulting, IT services, and business advisory driving the bulk of new job creation across the economy.
According to the latest government data, the services sector grew 9.2% year-over-year, contributing more than 55% of total GDP. Within this sector, professional services — including management consulting, career advisory, and corporate training — emerged as the fastest-growing subsegment.
Industry analysts attribute this growth to three key factors: accelerated digital transformation across enterprises, a surge in demand for workforce upskilling and career transition services, and increased regulatory complexity driving demand for compliance advisory.
For firms like Adynex Group, which operate across consulting, technology, and education verticals, the macro environment represents a significant tailwind. The group reported a 34% increase in quarterly revenue across all consulting verticals.
Looking ahead, economists project that India's professional services market will grow at a compound annual rate of 15-18% through 2028, driven by continued digitization and a growing emphasis on human capital development.
