BENGALURU, Dec 3 (Reuters) – India’s dominant services sector accelerated in November as robust domestic demand helped recover ground lost in the previous month, but export sales growth slipped to an eight-month low amid rising global competition, a survey showed on Wednesday.

HSBC’s India Services Purchasing Managers’ Index (PMI), compiled by S&P Global, rose to 59.8 last month from October’s 58.9. The reading remained above the 50-mark separating growth from contraction for the 52nd consecutive month, though it trailed the preliminary estimate of 59.5.

The upturn was underpinned by a sharp increase in new business intakes, which grew faster than the long-run average.

However, international demand provided less support with new export orders expanding at the slowest pace since March. S

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