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Robust Growth in the Indian Services Sector Over Next One Year: KPMG survey

56% of all companies forecast an increase in new work, while none expect a fall Over 60% of service providers in India expect an increase in levels of business activity Around 40% of companies forecast a faster annual rise in tariffs over the next twelve months Around 58% of companies expect growth of revenues during the coming year, despite widespread concerns over intensifying competitive pressures in the Indian service sector Report suggests staffing levels are set to rise strongly, with around 41% of panellists forecasting an increase in employment2:09 PM on May 20