28.09.202610:51:27UTC+00India Industrial Output Growth Beats Expectations

India’s industrial production growth accelerated to 8.0% year-on-year in August 2026, up from a revised 7.4% in July and significantly above market expectations of 6.5%.

Manufacturing output expanded by 9.0%, faster than July’s 8.2%, driven mainly by strong gains in electrical equipment (30.9%), motor vehicles (25.2%), rubber and plastics products (21.4%), computer, electronic and optical products (19.3%), fabricated metal products (16.9%), textiles (13.1%), and machinery and equipment (10.3%).

Among other major industries, output of basic metals rose 2.4% and food products increased 2.8%. In contrast, production declined in coke and refined petroleum products (-0.6%) and in chemicals and chemical products (-0.5%).

Elsewhere in the economy, electricity and gas supply growth quickened to 12.3% from 8.7% in July, while mining and quarrying output contracted by 5.6%, deepening from a 0.9% decline in the previous month.