Slowing Momentum: What's Behind India's Industrial Output Growth Plateau? India's industrial output growth has slowed to 6.
7% year on year in July, a trend that warrants closer examination of the underlying factors at play. The decline in mining activity is particularly noteworthy, with a 0. 9% contraction year on year.
This slowdown reflects growing competition from imports or internal bottlenecks, which could have far reaching implications for domestic producers.