India's Industrial Growth Surges to 8% in August

Business Standard Markets · stocks

IIP saw a significant rebound, growing by 8.0 percent in August 2026. This marks an increase from the 6.7 percent growth recorded in July 2026. Key sectors like Manufacturing, Electricity & Gas Supply, and Water Supply showed strong positive contributions. The mining sector, however, contracted by 5.6 percent during the same period. Use-based classifications also indicated robust growth, particularly in Capital Goods and Intermediate Goods, signaling a positive trend in industrial activity.