Accommodation and food, retail, real estate lead India's services growth in first ISP release
New Delhi, July 14 -- Accommodation and food services, retail trade and real estate emerged as the fastest-growing segments in India's services sector in April 2026, according to the first release of the trial Index of Services Production (ISP) released by the Ministry of Statistics and Programme Implementation (MoSPI).
The ministry on Tuesday released the first set of sub-sectoral ISPs for 19 services sub-sectors with 2024-25 as the base year.
The new index covers around 60 per cent of the country's services sector and marks the beginning of a monthly indicator that will track short-term movements in India's formal services sector.
"Top Sub - Sectors reporting strong growth in the April, 2026 growth are Accommodation and Food (37.2 pe...
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