MoSPI will launch Index of Services Production next month to track India’s services output, offering high-frequency data across key sectors like banking and trade.

India is set to launch the Index of Service Production (ISP) next month, a crucial new monthly indicator mirroring the Industrial Production Index. This initiative aims to…

MoSPI will launch Index of Services Production next month to track India’s services output, offering high-frequency data across key sectors like banking and trade.

The new Index of Services Production (ISP) will measure monthly changes in India's services sector, starting July 14, 2026.