Factory output growth at 4% in Aug

Despite a favourable base effect, growth in India's industrial production moderated to 4 per cent in August from an upwardly revised figure of 4.3 per cent in July, on the back of a slowdown in the manufacturing sector growth, according to data released by National Statistics Office (NSO) on Monday.

- SHIVA RAJORA

In August 2024, growth in the index of industrial production (IIP) stood at o per cent. Data showed that the output of the manufacturing sector eased sharply to 3.8 per cent in August from 6 per cent in the preceding month, while the electricity sector output touched a five month high of 4.1 per cent and mining output turned positive (6 per cent) after four months.

In the first five months (AprilAugust) of 2025-26 (FY26), the average IIP growth stands at 2.8 per cent as compared to 4.3 per cent in the corresponding period of FY25.