September IIP: India’s factory output growth slows to 6.7% from 8% as mining shrinks
CNBC-TV18 42 min ago·28 Oct 2026, 10:54 am
India’s factory output growth slowed to 6.7% in September, down from 8% in the previous month. This moderation was driven by a contraction in mining activity, while manufacturing and electricity sectors continued to expand. Growth was primarily led by the production of intermediate and capital goods.
For investors, this data suggests that while the industrial sector remains resilient, it is facing some headwinds. The slowdown in mining indicates potential challenges in commodity extraction, which could affect related industries. However, the strength in manufacturing and capital goods points to underlying demand in the economy.
Investors should watch for upcoming data on consumer demand and global trade conditions. A sustained slowdown in mining could weigh on the broader market, while continued strength in manufacturing may offer support. It is important to monitor these trends to gauge the overall health of the industrial sector.
Excerpt from CNBC-TV18
Published On Oct 28, 2026 | 16:24 IST Last Updated On Oct 28, 2026 | 16:24 IST India’s industrial output growth moderated to 6.7% in September from 8% in August, as mining contracted. Manufacturing and electricity remained firm, while intermediate and capital goods led growth. India’s industrial output growth slowed…Read the original at CNBC-TV18
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- Category: Orders & Deals.
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