India’s industrial output quickens to 7.3% in June from 5.1% in May as manufacturing, electricity growth accelerates
India's industrial production grew at a faster pace of 7.3% in June, up from 5.1% in May. This acceleration was driven by a strong expansion in manufacturing and electricity generation, while mining and water supply saw more modest gains.
For investors, this data signals a robust recovery in the manufacturing sector, which is a key component of India's economic growth. The revision to the Index of Industrial Production (IIP) methodology, which now includes the Wholesale Price Index (WPI) as a deflator, is expected to provide a more accurate picture of industrial performance. This makes the data more comparable with global standards.
Investors should watch for the upcoming manufacturing PMI data and the government's fiscal policies to gauge the sustainability of this growth trend.
Excerpt from Economic Times
India's industrial output marked a notable 7.3 percent growth in June 2026, fueled by a strong surge in manufacturing and an uptick in electricity provision. The mining sector enjoyed modest advancements, while water supply experienced more gradual improvements. Additionally, the revision of the IIP methodology to…Read the original at Economic Times
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