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ECONOMY 1h ago

India's industrial growth slows to 6.7% in September from 8% in August

Economic Times Economy
Published 28 Oct 2026, 10:42 am IST

Listen to this article in summarized format

India’s Index of Industrial Production (IIP)Agencies

Within the Manufacturing sector, the top three positive contributors for the month of September 2026 include manufacture of motor vehicles, trailers and semi-trailers at 19.0 %, manufacture of electrical equipment at 33.9 %, and manufacture of rubber and plastics products at 19.9%.

The manufacturing sector logged 7.6% growth against revised growth of 8.6% in August, while electricity and gas supply segment grew by 11.2% in September against an increase of 12.3% a month earlier. Water Supply, Sewerage & Waste Management sector grew by 5.8% and Mining & Quarrying contracted by 6.2%, against decline of 4.6% in August.

The September data was below the 7.3% growth estimated by economists in a Reuters poll and a revised 7.8% expansion in August.

Output of consumer durables, including cars and phones, grew 6% year-on-year in September against a revised 10.5% increase a month earlier.

Output of consumer non-durables, such as food items and toiletries, rose 1.4% year-on-year in September against a decline of 1.1% in the previous month.

Capital goods output rose 10.4% year-on-year in September against a revised 15.9% increase in August.

Industrial output between April and September grew 6.8%, compared to an increase of 4.4% a year earlier.

Originally reported by Economic Times Economy.Source: economictimes.indiatimes.com