consumer demand slowdown

INDUSTRIAL PRODUCTION INDEX GROWTH SLOWS TO THREE-MONTH LOW

India’s industrial growth slowed to 4.8% in January 2026, a three-month low, as manufacturing, mining, and electricity weakened. NSO data shows rural demand stress and softer capital goods output. Despite infrastructure spending, global pressures, tight monetary policy, and structural bottlenecks call for reviving consumption and private investment.

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