Overview

• The NSO reported a 4.0% year-on-year increase in the Index of Industrial Production for August 2025, with gains led by mining and electricity.
• Manufacturing output grew 3.8% in August, marking a slower pace than in July.
• Mining expanded 6.0% in August after a 7.2% contraction in July, indicating a month-on-month turnaround.
• Electricity production rose 4.1% in August, adding to the overall increase in industrial activity.
• For April–August FY26, industrial growth stood at 2.8% versus 4.3% a year earlier, with primary goods up 5.2% and consumer non-durables down 6.3%.