• On February 27, 2026, the National Statistics Office (NSO) under the Ministry of Statistics and Programme Implementation released a revised GDP series with base year 2022–23.
• The update replaces outdated proxies with real-time digital and administrative datasets, reflecting India’s increasingly formalised and service-led economy.
• The revision captures structural shifts over the past decade, including digitalisation, tax reforms, financial inclusion, and expanded corporate reporting.
• For businesses and foreign investors, the recalibration enhances macroeconomic transparency, aligns India’s accounting practices with global standards, and supports more precise market forecasting.
