Industrial output growth a tad slower at 6.7% in September, expansion led by manufacturing, electricity generation
Mint 1 hr ago·28 Oct 2026, 2:08 pm
India's industrial production grew by 6.7% in September, a slight slowdown from the 8% pace seen in August. This expansion was primarily driven by a robust recovery in manufacturing and a significant rise in electricity generation. However, the mining sector saw a contraction, which tempered the overall growth.
This data is a key indicator of the country's economic health and factory activity. A steady industrial output suggests that businesses are producing more goods, which can support corporate earnings and overall economic momentum. While the growth rate is moderating, it remains in a healthy range, signaling that the industrial sector is still expanding.
Investors should monitor upcoming data points to see if this slowdown is temporary or part of a longer-term trend. Continued growth in manufacturing and electricity will be crucial for sustaining this momentum. Watch for updates on consumer demand and global trade conditions, as these factors will influence future industrial performance.
Excerpt from Mint
The industrial output growth moderated to 6.7% in September from 8% in August, driven by strong performances in manufacturing and electricity generation despite a drop in mining. New Delhi: Growth in India’s factories and power plants continued in September, at a slower pace. IIP rose 6.7% from a year earlier, down…Read the original at Mint
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