IIP growth slows to 6.7% in July 2026, economists warn of sluggish rural consumption
India's Index of Industrial Production (IIP) rose 6.7% in July 2026, a slower pace than the previous month even though it marked the second-best industrial growth recorded since December last year. Manufacturing and the electricity and gas supply sectors buoyed the reading. Economists cautioned that sluggish rural consumption remains a drag on the broader industrial recovery.
Nabka Insight
IIP is a key indicator of industrial output tracked in economy and current-affairs sections.
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- IIP growth for July 2026: 6.7%.
- It was the second-best IIP growth since December last year.
- Manufacturing and electricity & gas supply sectors drove the reading.
- Economists flagged weak rural consumption as a concern.
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