India’s industrial output growth hits 8% in August led by manufacturing, electricity generation
India's industrial output grew 8% in August, surpassing July's 7.4% and last year's 4.7%. Manufacturing, which comprises 76.1% of the Index of Industrial Production (IIP), rose 9%, while electricity generation surged 12.3%. This growth trend is expected to continue as demand rises, with the next IIP data release scheduled for September.