Slowdown in India's industrial output in H1FY26 will be offset in H2FY26 by GST reforms and festive boost: Report
Oct 29, 2025
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, and lower inflation, according to a report by Bank of Baroda.