The Index of Industrial Production rose 8 per cent year-on-year in August, driven by manufacturing and electricity, with capital goods output surging almost 17 per cent.

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• The Index of Industrial Production (IIP) grew 8.0 per cent year-on-year in August 2026, according to quick estimates released by MoSPI on 28 September.
• The index stood at 123.3 in August against 114.2 in the same month a year earlier, on the 2022-23 base year.
• Manufacturing, which carries the largest weight in the IIP, grew 9.0 per cent in August.
• Manufacturing growth has stayed at 8 per cent or more for three consecutive months.
• Electricity and gas supply rose 12.3 per cent, while water supply, sewerage and waste management grew 6.3 per cent.
• Of the 23 manufacturing industry groups, 18 recorded positive growth over the previous year.
• Under the use-based classification, capital goods output rose 16.9 per cent and intermediate goods 13.7 per cent.
• Consumer durables grew 11.1 per cent and infrastructure and construction goods 6.4 per cent, while primary goods rose 3.5 per cent and consumer non-durables 2.1 per cent.
• Intermediate goods, capital goods and consumer durables were the top three contributors to overall growth.
• July's growth was revised up to 7.4 per cent from the provisional 6.7 per cent.
• Cumulative IIP growth for April to August 2026 stood at 6.7 per cent, against 4.2 per cent in the same period last year.
• August figures are quick estimates and are subject to revision in later releases.