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IIP growth slows to 6.7% in July 2026

The Index of Industrial Production (IIP) rose 6.7% in July 2026, a slowdown from the previous month even as it marked the second-best growth recorded since December 2025. Manufacturing and the electricity and gas supply sectors buoyed the print. Economists flagged sluggish rural consumption as a drag on the wider industrial recovery.

Nabka Insight

IIP is a core lead indicator of industrial output that examiners regularly test on base year, releasing agency and trend.

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Key facts

  • IIP grew 6.7% in July 2026 — second-best reading since December 2025.
  • Manufacturing and electricity & gas supply sectors drove the growth.
  • Economists warned of sluggish rural consumption weighing on demand.

Background

Relevant forBanking · SSC · State PSC · UPSC

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