Published 3 days ago • loading... • Updated 2 days ago

India’s June Industrial Output Grows Fastest in Nearly Two Years on Manufacturing Boost

On Tuesday, official data showed India's industrial output grew 7.3% in June, the fastest pace since July 2024, driven by strong manufacturing activity and expanded electricity generation.
Manufacturing grew 7.8% to reach a 23-month high, while the heatwave drove electricity generation to a 25-month high of 10.6%; capital goods output also rose 14.2%.
Consumer demand appears to be recovering as durables grew 7.7% and non-durables rose 4.9% in June, while mining activity climbed 1% compared to a revised 1.4% fall in May.
Shashwat Singh, Fundamental Analyst at Bajaj Broking, said the uptick reflects broad-based strength, while Gaura Sen Gupta, economist at IDFC First Bank, expects momentum to hold going forward.
Despite the gains, Vikrant Chaturvedi, Associate Director at Brickwork Ratings, warned that below-normal monsoons and persistent tensions in West Asia pose significant macroeconomic risks ahead.

Insights by Ground AI

17 Articles

India's June industrial growth reflects strong manufacturing, but brokerages warn of slowdown risks

Analysts expect investment-led manufacturing to remain resilient despite rising risks from weather disruptions, global uncertainty and higher input costs.

2 days ago·Chennai, India

Read Full Article

Indian Express

Lean Left

Industrial growth rises to 7.3% in June, highest in 23 months

India’s industrial output surged 7.3% in June, the highest in nearly two years, driven by robust manufacturing growth and broad-based sectoral gains, according to MoSPI data released Tuesday.

3 days ago·Noida, India

Read Full Article

Reuters

+2 Reposted by 2 other sources

Center

India's June industrial output grows 7.3% y/y on manufacturing boost

3 days ago·London, United Kingdom

Read Full Article

India Today

Lean Right

India's industrial output grows 7.3% in June on manufacturing boost

Official data showed that India's industrial output grew 7.3% year-on-year in June, up from a revised 5.1% growth in May.

3 days ago·Noida, India

Read Full Article

The Hindu

Lean Left

Industrial growth hits 23-month high of 7.3% in June 2026

Growth in the Index of Industrial Production quickened on the back of strong performances in the manufacturing, electricity, capital goods, and consumer-facing sectors.

3 days ago·Chennai, India

Read Full Article

Latestly

Right

India's IIP Growth Accelerates to 7.3% in June Supported by Manufacturing; Electricity & Gas Supply Sector

Get latest articles and stories on Business at LatestLY. India's Index of Industrial Production (IIP) grew to 7.3 per cent YoY growth in June 2026 supported by strong growth in manufacturing and electricity and gas supply sector, as per a statement by the Ministry of Statistics & Programme Implementation. Business News | India's IIP Growth Accelerates to 7.3% in June Supported by Manufacturing; Electricity & Gas Supply Sector.

3 days ago·Mumbai, India

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year