IIP growth slows to 6.7% in July 2026
India's Index of Industrial Production grew 6.7% in July 2026, buoyed by the manufacturing and electricity and gas supply sectors. Though slower than the previous month, it was the second-best IIP reading since December last year. Economists cautioned that sluggish rural consumption remains a drag on the broader industrial recovery.
Nabka Insight
IIP is a headline industrial-output indicator regularly tested in the economy section.
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- IIP growth in July 2026: 6.7%
- Second-best IIP reading since December last year
- Growth led by manufacturing and electricity & gas supply
- Concern flagged: sluggish rural consumption
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