Archive · 28 Jul 2026
India's industrial growth hits 7.3% in June
India's industrial growth increased to 7.3% in June, the highest in almost two years.
This growth was mainly driven by the manufacturing sector, which grew by 7.8%.
The last time such high growth was seen was in July 2024.
Economists have different views on whether this growth is sustainable or just a result of a favorable base effect.
The manufacturing sector makes up three-fourths of the Index of Industrial Production (IIP).
India's industrial growth rose to 7.3% in June, the highest in 23 months.
The manufacturing sector saw a robust growth of 7.8%, up from 5.2% in May.
The last time industrial growth was higher was in July 2024, at 7.8%.
Economists note a broad-based acceleration in growth, but caution about sustainability.
The manufacturing sector makes up three-fourths of the Index of Industrial Production (IIP).
- Who
- Ministry of Statistics and Programme Implementation (MoSPI)
- What
- Industrial growth in India
- When
- June 2026
- Where
- India
- Why
- Due to a favorable base and broad-based acceleration in growth
Economic Optimism
Cautious Outlook
Economic Recovery
Economic Optimism
The significant rise in industrial growth indicates a strong economic recovery and broad-based acceleration.
Cautious Outlook
The growth may be influenced by a favorable base effect and might not be sustainable.
- Industrial Growth Rate
- 7.3%
- Manufacturing Growth Rate
- 7.8%
- Previous Month's Growth Rate
- 5%
- Same Month Last Year's Growth Rate
- 2.2%
- Last Higher Growth Rate
- July 2024 (7.8%)
- Electricity and Gas Supply Growth
- 10.6%
- Capital Goods Growth
- 14.2%
- Mining and Quarrying Growth
- 1.0%
Sources
India’s industrial output surges 7.3% in June on strong manufacturing, electricity growth
India’s IIP Surges to 7.3% in June, Fastest Growth in Nearly Two Years
Industrial growth rises to 7.3% in June, highest in 23 months
