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Industrial production accelerates 4% in September as manufacturing gains traction
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India’s September IIP rose 4%, led by stronger manufacturing and festive spending, confirming a steady rebound in industrial activity and growth momentum.
India’s Index of Industrial Production rose by 4%, boosted by manufacturing growth of 4.8% and recovery in consumer goods output. Officials cited festive demand, stronger infrastructure spending, and increased power generation as contributing factors. Economists anticipate continued improvement through Q3 FY26, supported by tax adjustments and private capex momentum. The data highlights India’s solid recovery trajectory, reinforcing positive expectations for near-term GDP performance and providing a cushion against external macroeconomic volatility.