India’s New Services Speedometer Flashes Green Across 17 Sectors
- India’s services activity expanded in July 2026, with 17 of 19 sectors recording year-on-year growth, according to the Ministry of Statistics and Programme Implementation.
- Ten sectors posted double-digit growth, led by administrative and support services at 20.9% and retail trade at 18.5%.
- Air transport fell 8.4%, while repair services declined 5%; they were the only sectors to contract during the month.
- The Index of Services Production is an experimental index covering 19 services subsectors, with 2024–25 as its base year.
13 Articles
13 Articles
India’s Services Activity Broadens in July as 17 of 19 Sectors Grow, Retail Trade Jumps 18.5%: MoSPI Data
Get latest articles and stories on Business at LatestLY. Activity across most of India’s services sub-sectors expanded in July 2026, with 17 of the 19 segments covered under the government’s Index of Services Production (ISP) recording year-on-year growth, according to data released by the Ministry of Statistics and Programme Implementation (MoSPI) on Tuesday. Business News | India’s Services Activity Broadens in July as 17 of 19 Sectors Grow, R…
The Economic Times
Times of IndiaIndia’s new services speedometer flashes green across 17 sectors
Index of Services Production: In July, India's services sector experienced significant growth, with 17 of 19 sub-sectors reporting year-on-year increases. Administrative and support services demonstrated the highest growth rate at 20.9%, while retail trade followed closely at 18.5%. The newly introduced Index of Services Production provides timely insights into economic activity within this sector. Although many services grew, some areas like ai…
Trial services index shows 10 of 19 sub-sectors post double-digit growth in July
India on Tuesday unveiled the fourth trial Index of Services Production (ISP), which marks a significant overhaul of the country’s economic statistics and provides policymakers with a long-awaited monthly measure of activity in the services sector that accounts for more than half of the economy.
10 of 19 services sub-sectors in India’s economy clock double-digit growth in July - tennews.in: National News Portal
New Delhi, Sep 29 (IANS) As many as 10 of the 19 services sub-sectors of the Indian economy recorded a robust double-digit growth in July this year compared to the same month of the previous year, according to the Index of Services Production (ISP) with base year 2024-25, released by the National Statistics Office (NSO) […] The post 10 of 19 services sub-sectors in India’s economy clock double-digit growth in July appeared first on tennews.in: N…
India's services sector grew significantly in July, with 17 of the 19 subsectors reporting year-on-year growth. Administrative and support services saw the highest growth rate at 20.9%.
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