India’s new services speedometer flashes green across 17 sectors
- Posted on September 29, 2026
- By Business News Today
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- 1 min read
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India’s new services speedometer flashes green across 17 sectors
Index of Services Production: In July, India's services sector experienced significant growth, with 17 of 19 sub-sectors reporting year-on-year increases. Administrative and support services demonstrated the highest growth rate at 20.9%, while retail trade followed closely at 18.5%. The newly introduced Index of Services Production provides timely insights into economic activity within this sector. Although many services grew, some areas like air transportation and repair services faced contractions.
