The Ministry of Statistics and Programme Implementation (MoSPI) released National Industrial Classification (NIC) 2025 at Udaipur.
The NIC 2025 is the latest national standard for classifying economic activities in India.
India’s classification system started in 1962 and has been revised several times, including NIC 1970, 1987, 1990, 1998, 2004, and 2008.
NIC 2025 reflects structural, technological, and organizational changes, covering sectors like renewable energy, fintech, e-commerce, Ayush healthcare, and handloom.
It follows the UN’s International Standard Industrial Classification (ISIC) Revision 5.
NIC 2025 introduces a 6-digit coding system, replacing the 5-digit structure of NIC 2008.
New features include better representation of intermediation services, environmental and green economy activities, and digital economy services.
NIC 2025 will guide statistical surveys, national accounts, policymaking, and economic research across India.