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India's industrial output growth slows to 1.5% in June, lowest in 10 months; mining, power decline weigh on IIP

India's industrial output growth decelerated to a 10-month low of 1.5% in June 2025, primarily due to contractions in mining and electricity sectors. The early monsoon significantly impacted production, causing a sharp decline compared to the 4.9% expansion in June 2024. Overall, industrial output growth for the first quarter of FY26 slowed to 2%.