India plans to launch a headline Index of Services Production (ISP) within the next few months, giving investors the country's first official monthly measure of services output. The statistics ministry has released trial indices for 19 service sub-sectors covering about 60% of the formal services economy.

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…

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…

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.…