NEW DELHI, Sept. 10 -- The Ministry of Statistics and Programme Implementation (MoSPI) on Wednesday released the draft National Industrial Classification (NIC)-2025 for public consultation, inviting feedback from industry, academics, and citizens. The framework underpins statistical surveys, censuses, business registrations, and policy design.

The classification, last updated in 2008, is being revamped to reflect shifts in India's economy as well as global standards. The revision follows the United Nations Statistical Commission's adoption of ISIC Revision 5 last year, and seeks to capture emerging sectors such as renewable energy, fintech, digital commerce, and healthcare technologies.

MoSPI has invited comments until 20 September thro...