Govt releases first services production index; 14 of 19 sub-sectors post double-digit growth

India's Ministry of Statistics and Programme Implementation released the first trial Index of Services Production (ISP) for April 2026.

of 19 formal services sub-sectors recorded double-digit year-on-year growth.

Accommodation and food services grew 37.2%, retail trade 30.8%, administrative and support services 28.7%, and real estate 27.7%.

Air transport contracted 13.9% and railway transport declined 0.4%.

The ISP will be released monthly on the 29th to track formal services sector output using GST and administrative data.