India’s Industrial Output Expands 6.8 Percent in September on Manufacturing Rebound

India’s Index of Industrial Production (IIP) rose 6.8 percent year-on-year in September, driven by double-digit growth in manufacturing and electricity output. Mining rose 5.1 percent. Consumer durables and infrastructure goods reported solid momentum at 8.3 and 10.7 percent growth respectively. Economists said the data reflects a revival in investment demand and steady factory utilization ahead of the festive season. 

The strong industrial print supports Q3 GDP projections near 7.4 percent, underscoring resilience despite global demand headwinds.