India’s manufacturing sector saw a moderation in growth in May 2026, with output rising 5.5% month-over-month, down from a 6.2% increase in the previous period. The latest data, updated on 29 June 2026, indicates that while the sector continues to expand, the pace of month-on-month gains has softened.
The current 5.5% figure measures the change in manufacturing output in May compared with April, whereas the previous 6.2% reading reflected the change in the earlier month versus its preceding month. Despite the slowdown, the continued positive growth suggests that manufacturing remains on an upward trajectory, albeit at a slightly reduced clip compared with the prior month’s performance.
