Industrial production growth in India fell to 6.7% in September compared to the previous month, driven by weaker performance in the manufacturing and mining sectors. According to the Index of Industrial Production (IIP), which operates under a new series effective from April 1, the index recorded an 8% growth in August.
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In September 2026, the manufacturing sector grew by 7.6% and the electricity and gas supply sector saw a significant increase of 11.2%. In contrast, the manufacturing sector had achieved a growth rate of 8.6% in August. The base year for the new IIP series is 2022-23.