01/10/2026
ECONOMIC GOOD NEWS CONTINUES(154)... India's industrial engine just refused to slow down.
August IIP growth: 8% — year on year. The strong run continues — and the chart tells the story better than any words. Look at the trajectory: from the brief dip in October 2025, India's industrial output has climbed steadily and powerfully to 8.0% in August.
That is not a data point. That is a trend line pointing firmly upward.
The details:
🏭 Manufacturing sector: up 9% — the backbone of Make in India, firing strongly
🛋️ Consumer durables: up 11.1% — following a 12% jump in July. Two consecutive months of double-digit growth in consumer durables means Indian households are spending on big-ticket items — refrigerators, washing machines, electronics. This is rising household confidence in concrete form.
📊 Overall IIP trend: consistently above 5% for five of the last six months
CareEdge Ratings' chief economist Rajani Sinha noted that the overall strong industrial performance was in line with other data — GDP growth, lending and exports — all pointing in the same direction.
Modinomics delivering. Month after month. 🇮🇳