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. Accommodation and food services led this expansion, growing over thirty-seven percent year-on-year. Retail trade and administrative support services also posted significant double-digit increases.

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,…

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…

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…

In April 2026, 14 of 19 service sectors in India showed double-digit growth, highlighting significant economic momentum.

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…

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.…