India's Industrial Output Hits 23-Month High of 7.3% in June

India's Index of Industrial Production (IIP) surged to a 23-month high of 7.3% in June 2026, significantly up from the 5.1% growth recorded in May.

The manufacturing sector led the recovery, supported by strong performance in electricity generation and mining, signaling a robust expansion in domestic industrial activity.

Economists attribute this growth to increased infrastructure spending and a steady rise in consumer demand, providing a positive outlook for the upcoming fiscal quarters.