Business Economy


ASSOCHAM’s ABC Index shows confidence in economy at 5.7pc b/w Apr-Sep amid global headwinds

New Delhi, Sep 30 (UNI) The ASSOCHAM Business Confidence Index (ABC Index) recorded a steady movement in April-September 2026-27 at 5.7 per cent Year-over-Year (Y-o-Y), according to a statement released here on Wednesday.
The index basically consists of 20 indicators, including GST collections, Passenger vehicle sales, Sensex, India Composite Purchasing Managers’ Index (PMI), exports, Index of Industrial Production (IIP), Index of Core Industries and much more.
According to the chamber, the ABC index grew by 7.5pc in 2024-25 and 9.9pc in 2025-26. As per the industrial body, this index will progress robustly with more suggestions from industry and analysts.
Nirmal Kumar Minda, President, Assocham, said, “ The ABC index is a composite index of India’s economic pulse, bringing together 20 key indicators to track whether economic conditions are improving, weakening or remaining stable.”
Minda noted that this index will give businesses, policymakers and investors a broader view of the evolving economic environment and support more informed decision-making.
Dr SP Sharma, Chief Economist of ASSOCHAM, said, “The ABC index has been developed to provide a consolidated view of economic momentum by integrating movements across key indicators and enabling more effective tracking of changing economic conditions, supporting a more informed assessment of business outlook.”
ASSOCHAM said that this index will now provide a monthly value on the last working day of the month in October, November and December 2026. From January 2027, this index will come fortnightly.
UNI SAS RSA
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