IIP growth slows to 6.7% in July 2026, economists warn of sluggish rural consumption
India's Index of Industrial Production (IIP) grew 6.7% in July 2026, its second-best pace since December last year, even as economists flagged sluggish rural consumption. The expansion was led by the manufacturing sector and the electricity and gas supply segment. The reading points to steady industrial momentum despite persisting demand-side concerns.
Nabka Insight
IIP is a core economic indicator; its rate and drivers recur in exams.
Powered by AIKey facts
- IIP growth: 6.7% (July 2026)
- Second-best IIP growth since December 2025
- Drivers: manufacturing; electricity and gas supply
Background
Relevant forBanking · SSC · State PSC · UPSC