Top NIC Codes Used by Startups, Service Businesses & MSMEs in India 2026
From startups and MSMEs to service providers, manufacturers, restaurants and online businesses, every business in India is classified under specific NIC (National Industrial Classification) code. This single selection is used in company incorporation, Udyam registration, GST setup and other compliance processes yet it’s often chosen without proper understanding.
Let’s see what are the top nic code for services and msme nic code list
A NIC code (National Industrial Classification code) is a 5-digit number assigned to every type of business activity in India. In short ID that tells the government: “This is what my business does.”
NIC code for services was created by the Ministry of Statistics and Programme Implementation (MoSPI) to help the government track, classify, and support different industries. The version used today is called NIC 2008.
When you register your business, whether through Udyam (MSME registration), company registration on MCA, or other compliance filings, you need to mention the right NIC code for services.
Why Does the Right NIC Code Matter So Much?
Government benefits and subsidies: Many MSME schemes are sector-specific. Wrong MSME NIC code means wrong sector and your benefits are missed.
Udyam registration validity: incorrect nic code for services can make your Udyam certificate invalid
Bank loans and credit: Lenders often check your nic code for services to assess loan eligibility
Tenders and government contracts: Your business category must match the tender’s industry classification
Policy support: The government designs policies based on industry-wise NIC data
Top NIC Codes for Tech Startups & IT Companies
NIC Code 62 — Information Technology & Software
62011 — Custom software development (most common for software product companies and SaaS startups)
62012 — Software consultancy
62020 — IT consulting and IT management
62099 — Other IT and computer service activities (covers a wide range from cybersecurity firms to tech support companies)
If you’re building an app, developing software, or selling IT solutions you almost certainly fall under Division 62.
NIC Code 63 — Data & Internet Services
63111 — Data processing and hosting (great for cloud companies and data centres)
63112 — Web hosting services
63121 — Operation of web sites that use a search engine to generate and maintain extensive databases of internet addresses and content in an easily searchable format
63910 — News agencies and content portals
EdTech, HealthTech, and FinTech platforms often fall under 63 if their core activity is running a digital platform or portal.
Cick Here to Know More: https://indiacorporates.com/blog/nic-code-for-services-for-msmes/