Release of National Industrial Classification (NIC) 2025 by MoSPI
The Ministry of Statistics and Programme Implementation (MoSPI) has released the National Industrial Classification (NIC) 2025, updating India's economic activity classification system. This new version introduces a 6-digit coding structure, enhancing granularity and flexibility to better represent emerging sectors such as renewable energy, fintech, and e-commerce. The NIC 2025 aligns with international standards and aims to strengthen evidence-based policymaking and statistical analysis across various sectors.
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