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Accommodation, Food, Retail Lead India's New Services Index Growth

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  1. MoSPI's first trial Index of Services Production (ISP) with base year 2024-25 was released.

  2. In April 2026, accommodation and food services grew 37.2%.

  3. Retail trade grew 30.8% in April 2026.

  4. Real estate sector grew 27.7% in April 2026.

  5. Air and railway transport saw a decline in April 2026.

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Rajeev Chandrasekhar

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