MoSPI Releases Draft NIC-2025, Invites Public Feedback: Key Updates & Changes

byPaytm Editorial TeamSeptember 11, 2025

Source: PIB

The Ministry of Statistics and Programme Implementation (MoSPI) has released the draft version of the National Industrial Classification (NIC) 2025 and invited comments from stakeholders and the public. This update marks the first revision since NIC-2008 and aligns India’s classification system with the International Standard Industrial Classification (ISIC) Revision 5, adopted by the UN Statistical Commission in 2024.

The NIC is a vital tool used across statistical surveys, censuses, economic research, industrial registrations, and policy-making at both central and state levels. India first introduced its Standard Industrial Classification in 1962, and since then, updates have followed global standards with revisions in 1970, 1987, 1990, 1998, 2004, and 2008.

Why NIC-2025 Was Needed

The revision became necessary due to:

  • Global changes: Alignment with ISIC Revision 5.
  • Economic transformation in India: Growth of new industries, services, and technologies.
  • Emerging sectors: Renewable energy, fintech, digital economy, AYUSH, and e-commerce.

Key Features of NIC-2025

  • Draft prepared by an Expert Committee of academicians, economists, industry experts, and associations.
  • Extensive consultations with central ministries, departments, and stakeholders.
  • Aligned with ISIC Revision 5 up to the 4-digit Class level for global comparability.
  • National-level customization at the Sub-Class level.
  • Number of Sub-Classes increased to ~1900 (from 1304 in NIC-2008).
  • More detail in Health, Finance, Agriculture, Information, and Telecommunications sectors.
  • Ensures more accurate tracking and measurement of India’s economy.

How to Submit Feedback

MoSPI has invited comments and suggestions from:

  • Government agencies
  • Industry representatives
  • Academic institutions
  • General public

Deadline: September 20, 2025
Email: [email protected] (Subject line: Comments on draft NIC 2025)

Key Information Table

Author

Paytm Editorial Team

The Paytm Editorial Team is a collaborative group of writers, editors, and industry experts. We're dedicated to bringing you the latest insights, news, and guides on digital payments, financial services, and the technology that's shaping India's economy. We offer easy-to-follow guides and insights to help you explore Paytm’s products, features, and services. Our goal is to provide clear, reliable, and helpful information to empower you on your financial journey.

FAQs

What is NIC-2025?

The National Industrial Classification 2025 is an updated framework that categorizes Indian industries for surveys, censuses, policy-making, and economic research. It replaces NIC-2008 and aligns with ISIC Revision 5.

Why is NIC being updated?

The update reflects structural changes in the Indian economy, including emerging industries, new technologies, and the need to align with global standards (ISIC Revision 5, 2024).

Which sectors have received special focus in NIC-2025?

Sectors like renewable energy, fintech, AYUSH health system, e-commerce, and the digital economy have been highlighted. Health, finance, agriculture, and IT sectors have been refined for more granular data.

How can stakeholders submit their feedback?

Feedback can be sent via email at [email protected] (subject: “Comments on draft NIC 2025”) or through the online form.

What is the deadline for submitting comments on NIC-2025?

All comments and suggestions must be submitted by September 20, 2025.
something

You May Also Like