According to timesofindia.indiatimes.com, India’s industrial production grew 8 per cent year-on-year in August 2026, accelerating from the revised 7.4 per cent growth recorded in July, as reported by the Ministry of Statistics and Programme Implementation (MoSPI).
Strong Sectoral Performance Drives IIP Gains
The Index of Industrial Production (IIP) reached an index level of 123.3 in August, up from 114.2 in the same month a year earlier. The National Statistics Office stated:
“In August 2026, Index of Industrial Production recorded an 8.0 per cent year-on-year growth, supported by 9.0 per cent growth in Manufacturing sector and strong growth of 12.3 per cent in Electricity & Gas Supply sector.”
Manufacturing — the largest-weighted component of the IIP — expanded 9 per cent in August and has maintained growth of 8 per cent or more for three consecutive months. Electricity and gas supply output rose 12.3 per cent, while water supply, sewerage and waste management grew 6.3 per cent. Mining and quarrying contracted 5.6 per cent.
High-Growth Industry Groups and Use-Based Classification
Within manufacturing, 18 of the 23 industry groups posted positive year-on-year growth in August. The manufacture of electrical equipment led with 30.9 per cent growth, followed by other transport equipment at 25.3 per cent and motor vehicles, trailers and semi-trailers at 25.2 per cent. The ministry attributed motor vehicle growth to strong performance across auto components, spares and accessories, passenger cars, and commercial vehicles.
Under the use-based classification, capital goods output increased 16.9 per cent, intermediate goods rose 13.7 per cent, consumer durables climbed 11.1 per cent, and infrastructure and construction goods grew 6.4 per cent. Primary goods advanced 3.5 per cent, while consumer non-durables rose only 2.1 per cent. Intermediate goods, capital goods, and consumer durables were the top three contributors to overall IIP growth.
Year-to-Date Trends and Data Reliability
Cumulative industrial production growth for April–August 2026 stood at 6.7 per cent, compared with 4.2 per cent in the corresponding period a year earlier. The August quick estimates were compiled with an 88 per cent weighted response rate, while the July final estimates were based on a 93.4 per cent response rate. The MoSPI noted that August figures are subject to revision in subsequent releases.
Source: timesofindia.indiatimes.com
Compiled from international media by the SCI.AI editorial team.
