India’s industrial output slowdown to ease in H2FY26 on GST reforms, festive demand: Bank of Baroda - BusinessLine

India’s industrial output growth slowed to 3% in the first half of FY26, compared with 4.1% a year ago, according to a Bank of Baroda report. | Photo Credit: KUNI TAKAHASHIBloomberg The slowdown in India's industrial output during the first half of the financial year 2025-26 (H1FY26) is expected to be offset by the Goods and Services Tax (GST) rationalisation, early arrival of the festive season,…