Industrial Output Accelerates: IIP jumps 8% in Aug on MoSPI data; cumulative growth hits 6.7%

In August 2026, India's industrial production showcased an impressive year-on-year growth of 8 percent, building on a revised growth rate from July. The manufacturing sector alone surged by 9 percent, significantly boosting overall productivity. The Electricity and Gas Supply sector excelled too, with an impressive 12.3 percent increase. Although mining faced a setback with a 5.6 percent decline, other segments...