India’s IIP flexes as mining, metals outmuscle weak demand

India recorded a seven-month peak in industrial output on Monday as August figures revealed 4 percent expansion across manufacturing, mining, and power generation. Mining operations rebounded to 6 percent growth after July's 7.2 percent contraction, and electricity output accelerated to 4.1 percent from the prior month's 0.6 percent gain.

Manufacturing rose 3.8 percent with basic metals leading at 12.2 percent growth, and motor vehicles advanced 9.8 percent. Consumer durables recovered to 5.2 percent expansion after July's decline, while infrastructure and capital goods surged 10.6 percent. Industry officials attribute the momentum to investment-focused sectors outpacing household demand, and they expect new GST reforms to balance consumption with sustained economic development.
 

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