New Delhi, Sept. 29 -- Ten of the 19 sub-sectors tracked by India's new Index of Services Production (ISP) recorded double-digit growth in July 2026 from a year earlier, while seven others also expanded, signalling sustained momentum in formal-sector services despite mixed signals from manufacturing and external trade.

The data were part of the fourth trial release of the ISP, unveiled by the government on Tuesday with 2024-25 as the base year. The index marks a significant overhaul of India's economic statistics and provides policymakers with a long-awaited monthly measure of activity in the services sector, which accounts for more than half of the economy.

The 19 sectors account for about 60% of the services economy. The single compos...