FX.co ★ India’s Industrial Production Growth Eases to 6.7% in July 2026

India’s industrial production growth cooled slightly in July 2026, with output expanding 6.7% year-over-year, down from a revised 7.3% annual increase recorded in June 2026. The latest figures, updated on 28 August 2026, indicate that while the country’s industrial sector continues to grow at a solid pace, the momentum has moderated compared with the previous month.

Both June and July figures are measured on a year-over-year basis, comparing each month’s industrial output with the same month a year earlier. The easing from June’s 7.3% to July’s 6.7% suggests a modest loss of speed in industrial activity, though growth remains firmly positive, underscoring ongoing resilience in India’s manufacturing and broader industrial base.

Analysts will be watching subsequent releases closely to determine whether July’s softer reading signals the start of a broader slowdown in industrial momentum or a temporary pause following stronger gains earlier in the year.