India's Index of industrial production records growth of 6.7% in July 2026

India's Index of Industrial Production (IIP) recorded a year-on-year growth of 6.7% in July 2026, compared to 117.0 in July 2025. The growth was driven by a 7.3% increase in the manufacturing sector and an 8.7% rise in the electricity and gas supply sector, while mining and quarrying contracted by 0.9%. Within manufacturing, 19 out of 23 industry groups recorded positive growth, led by electrical equipment, motor vehicles, and machinery. Based on use-based classification, capital goods and intermediate goods recorded high growth rates of 16.1% and 10.0% respectively.