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What is the Index of Services Production and which sectors does it cover?
India's Ministry of Statistics and Programme Implementation has launched a new monthly services production index. This experimental index, with 2024-25 as its base year, covers 19 formal services sub-sectors. The first release for April 2026 shows broad-based growth across most services categories. This new indicator aims to complement the industrial production index for better economic monitoring. The trial series will help assess data quality and methodology before finalization.
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economictimes.indiatimes.com
Govt releases maiden services index; 14 sub-sectors record double-digit growth in April
India's new Index of Services Production reveals strong growth in April 2026. Fourteen of nineteen formal services sub-sectors achieved double-digit expansion. Wholesale trade,…
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What is the Index of Services Production and which sectors does it cover?
India's Ministry of Statistics and Programme Implementation has launched a new monthly services production index. This experimental index, with 2024-25 as its base year, covers 19…
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theprint.in
India launches new services output index; 14 of 19 sectors post double-digit growth in April
New Delhi, Jul 14 (PTI) India on Tuesday launched a new monthly indicator to track activity in its services economy, with the first trial release showing broad-based expansion…
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thehindu.com
14 service sectors grew in double digits in April as per inaugural Index of Services Production
In April 2026, 14 of 19 service sectors in India showed double-digit growth, highlighting significant economic momentum.
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ISP to power faster policy decisions with real-time services data: CEA Nageswaran
Chief Economic Adviser V. Anantha Nageswaran said the newly launched Index of Service Production (ISP) will enable faster, data-driven policymaking by providing timely insights…
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timesofindia.indiatimes.com
Govt releases first services production index; 14 of 19 sub-sectors post double-digit growth
The government on Tuesday released the first trial Index of Services Production (ISP), showing that 14 of the 19 formal services sub-sectors recorded double-digit year-on-year…
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thehindubusinessline.com
Government unveils trial services production index; April data show resilience despite West Asia conflict
Government launches trial Index of Services Production, revealing resilience in April despite West Asia conflict, with 14 sectors showing growth.
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NEW ISP: 14 of 19 sectors see double-digit growth in April
India's formal services sector began the new fiscal year strongly in April. Fourteen of nineteen sectors tracked by the new Index of Service Production showed growth.…