India to launch Index of Service Production (ISP) to track services sector output

The Ministry of Statistics and Programme Implementation (MoSPI) has released an approach paper for compiling the Index of Service Production (ISP) for the formal sector of the economy. The ISP is designed to capture…

The Department for Promotion of Industry and Internal Trade (DPIIT) will introduce a new Producer Price Index (PPI) and a revised Wholesale Price Index (WPI) from 15 June. The DPIIT has updated the WPI base year from…

India's industrial output grew 4.9% year-on-year in April according to the new Index of Industrial Production (IIP) series using 2022-23 as the base year. The Ministry of Statistics and Programme Implementation (MoSPI)…

India's industrial output growth, measured by the Index of Industrial Production (IIP), slowed to 4.1% in March 2026. The National Statistics Office (NSO) revised the industrial growth for February 2026 to 5.1% from the…