Industrial growth slowed to 6.7% in July

Growth of factory output, based on Index of Industrial Productions (IIP) slowed down to 6.7 per cent in July as against 7.3 per cent of June.

- The growth rates of the sectors, Mining & Quarrying, Manufacturing, Electricity & Gas Supply and Water Supply, Sewerage & Waste Management for the month of July 2026 are (-)0.9 percent, 7.3 percent, 8.7 percent and 7.4 percent respectively

- Within the Manufacturing sector, 19 out of 23 industry groups have recorded a positive growth in July 2026 over July 2025. The top three positive contributors for the month of July 2026 are – “Manufacture of motor vehicles, trailers and semi-trailers” (22.2 per cent), “Manufacture of electrical equipment” (28.3 per cent), and “Manufacture of machinery and equipment n.e.c.” (12.1 per cent).

- In the industry group “Manufacture of motor vehicles, trailers and semi-trailers”, item groups “Auto Components, Spares and Accessories”, “Passenger Cars”, and “Commercial Vehicles” have shown significant contribution in growth.

- Based on Use-Based Classification, growth in July 2026 over July2025 are 4.1 percent in Primary Goods, 16.1 percent in Capital Goods, 10.0 percent intermediate Goods, 6.9 percent in Infrastructure/ Construction Goods, 10.5 percent in Consumer durables and (-)1.0 percent in Consumer non-durables (Statement III). Based on Use-Based Classification, top three positive contributors to the growth of IIP for the month ofJuly 2026 are Intermediate Goods, Capital Goods and Primary goods.