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IIP growth slows to 6.7% in July 2026

India's Index of Industrial Production (IIP) grew 6.7% in July 2026, a slowdown that economists linked to sluggish rural consumption. Despite the moderation, July's reading was the second-best IIP growth since December of the previous year. The pickup was buoyed by the manufacturing and the electricity and gas supply sectors.

Nabka Insight

IIP is a key monthly industrial indicator; its latest print and lead sectors are examinable.

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Key facts

  • IIP grew 6.7% in July 2026 (a slowdown from the prior pace).
  • It was the second-best IIP growth since December of the previous year.
  • Growth was buoyed by manufacturing and the electricity & gas supply sectors.
  • Economists flagged sluggish rural consumption.

Background

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