Economy maintains strong start to FY27 as industrial production rises 6.7% in July
India's industrial production rose 6.7% year-on-year in July, indicating a strong start to FY27, driven by robust capital goods growth. Despite a decrease in consumer non-durable goods production, overall industrial growth for the first four months of FY27 stands at 6.3%. The Reserve Bank of India projects GDP growth may reach 7% for Q1 2026-27, with some economists estimating up to 8%.