Agencies and courts on June 2, 2026 noted that published accounts tied the story to wider national and sector coverage. India’s Index of Industrial Production grew 4.9% year on year in April 2026 under the rebased 2022-23 series, MoSPI data showed.
Subsequent updates explained that manufacturing output rose 6.2% while mining and quarrying contracted 5.1% in the quick estimate released for April. The April reading moderated from 5.7% growth reported for the prior comparison period in trade press.
In addition, capital goods posted the strongest use-based growth at 16% in the April breakdown.
Officials said further steps would follow as reviews continue.
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Sources:
https://timesofindia.indiatimes.com/business/iip-growth-slows