📊Executive Summary

The report highlights a slowdown in India's industrial output growth in the first half of FY26, registering only 3% compared to 4.1% in the same period last year. However, it anticipates a rebound in the second half of FY26 due to GST reforms and increased consumer demand during the festive season. Manufacturing sectors, particularly electronics, are expected to benefit, with growth in output noted at 4.1% in H1FY26. The report suggests that ongoing reforms and positive indicators will support production and consumption, indicating resilience in the Indian economy despite global uncertainties....