India Industrial Growth Slows to 6.7% in July
India's industrial production growth moderated to 6.7% year-on-year in July 2026, compared with a revised 8.8% growth in June. The slowdown was mainly linked to weaker mining activity and slower growth in some manufacturing and electricity segments.
Despite the moderation, several areas continued to perform strongly. Manufacturing output expanded 7.3%, while capital goods production rose 16.1%. Consumer durables also recorded double-digit growth, suggesting continued demand in some parts of the economy.
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