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Industrial Growth Rises to 7.3% in June

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India's industrial output increased by 7.3% in June, the highest in 23 months, driven by a favorable base and broad-based acceleration in growth.

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Industrial Growth Rises to 7.3% in June

India's industrial output increased by 7.3% in June, the highest in 23 months, driven by a favorable base and broad-based acceleration in growth. The manufacturing sector saw a significant increase in growth, with the Index of Industrial Production (IIP) rising to 7.3% in June. The IIP growth was higher than the 5% growth in May and the 2.2% growth in June 2025. The last time IIP growth was higher was in July 2024, when it came in at 7.8%. The increase in industrial growth is a positive sign for the Indian economy, which has been facing challenges in recent times.

The Indian ExpressTimes of India

India Industrial Growth Hits 23-Month High at 7.3% in June 2026

According to official data released on July 28, India's Index of Industrial Production saw a significant jump to 7.3% in June 2026, marking the highest growth rate in nearly two years. This surge was primarily attributed to robust performances in manufacturing and capital goods sectors. However, analysts caution that this strong performance may not persist given expectations for a lower-than-expected monsoon season. The data comes from the Business Standard as well, which noted that manufacturing output grew sharply during June 2026.

The HinduThe Indian ExpressBusiness Standard

India's Industrial Growth Reaches 23-Month High of 7.3% in June 2026

India's industrial growth hit a remarkable 7.3% in June 2026, marking the highest rate in 23 months, according to official data released on July 28. This growth was primarily fueled by robust performances in the manufacturing, electricity, and capital goods sectors. Analysts, however, caution that the momentum may not be sustained, especially with the ongoing challenges posed by a lower-than-expected monsoon. The data reflects a significant rebound in industrial activity, but concerns remain about the potential impact of weather conditions on future growth.

The HinduThe Indian ExpressBusiness Standard

Industrial Growth Hits 23-Month High of 7.3% in June 2026

India's industrial growth hit a near two-year peak of 7.3% in June 2026, fueled by strong performances in manufacturing, electricity, and capital goods. The growth in the Index of Industrial Production quickened on the back of strong performances in these sectors. Analysts caution that this strong performance might not continue in the face of a lower-than-expected monsoon, which could impact agricultural production and, in turn, industrial growth. The government has been implementing policies to boost industrial growth, including investments in infrastructure and human resources.

The HinduBusiness StandardTimes of India

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