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Economy News

The Economic Times

Economy / The Economic Times

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NEW ISP: 14 of 19 sectors see double-digit growth in April

India's formal services sector began the new fiscal year strongly in April. Fourteen of nineteen sectors tracked by the new Index of Service Production showed growth. Accommodation and food services led this expansion, growing over thirty-seven percent year-on-year. Retail trade and administrative support services also posted significant double-digit increases.

15 Jul 2026 1:00 am