IIP growth slows to 6.7% in July 2026
India’s Index of Industrial Production grew 6.7% in July 2026, a slowdown from the previous month but still the second-fastest expansion the index has recorded since December 2025. The print was buoyed by the manufacturing sector and by electricity and gas supply. Economists flagged sluggish rural consumption as a risk to sustained industrial momentum in the months ahead.
Nabka Insight
IIP is a core macro indicator; examiners test its release frequency, base year and lead sectors.
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- IIP growth: 6.7% in July 2026
- Second-fastest reading since December 2025
- Led by manufacturing and electricity & gas supply
- Economists warned of weak rural consumption
Background
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