New Delhi, Aug 29 (NVI) India’s Index of Industrial Production (IIP) has recorded a year-on-year growth of 6.7 per cent in July 2026, which is slower than 7.3 per cent registered in June, according to quick estimates released by the Ministry of Statistics and Programme Implementation (MoSPI).
The IIP stood at 124.8 in July, compared with 117 in July 2025.
The July figures are quick estimates and will be revised in subsequent releases as more production data becomes available.
Manufacturing output grew 7.3 per cent in July, providing the main support to industrial production.
Electricity and gas supply recorded stronger growth of 8.7 per cent, while water supply, sewerage and waste management grew 7.4 per cent.
Mining and quarrying, however, contracted 0.9 per cent during the month.
Within manufacturing, 19 of 23 industry groups recorded positive growth over July 2025.
Electrical equipment recorded the highest growth among the leading industry groups at 28.3 per cent.
It is followed by motor vehicles, trailers and semi-trailers at 22.2 per cent and machinery and equipment at 12.1 per cent.
The use-based classification shows strong growth across capital and intermediate goods.
Capital goods output rose 16.1 per cent year-on-year in July, while intermediate goods grew 10 per cent.
Consumer durables increased 10.5 per cent, and infrastructure and construction goods rose 6.9 per cent. Primary goods recorded growth of 4.1 per cent.
Consumer non-durables are the only major category to contract, declining 1 per cent during the month.
Intermediate goods, capital goods and primary goods are the top three positive contributors to overall IIP growth in July.
During April-July 2026-27, IIP grew 6.3 per cent compared with the corresponding period of the previous financial year.
Manufacturing grew 7 per cent, while electricity and gas supply expands 8.7 per cent. Mining and quarrying contracted 1.1 per cent during the four months.
The July data showed continued strength in manufacturing and capital goods, although the contraction in mining and consumer non-durables remains a drag on overall industrial activity. (NVI)
