India’s Industrial Output Grows 6.7% in September, Led by Manufacturing
What Happened
India’s industrial production grew 6.7% year-on-year in September 2026, according to government data released on October 28. Growth eased from August’s revised 7.8%. Manufacturing output increased 7.6%, while electricity and gas supply rose 11.2%. Mining contracted 6.2%. The Index of Industrial Production (IIP) reached 124.3, compared with 116.5 a year earlier.
Key Takeaways
India’s industrial output continued expanding in September, supported by manufacturing and electricity production, although growth slowed from August. Mining remained weak, while capital goods and intermediate goods recorded double-digit growth.