India's Index of Industrial Production Records 6.7% Growth in September 2026

India's Index of Industrial Production (IIP) recorded a year-on-year growth of 6.7% in September 2026, according to Quick Estimates released by the Ministry of Statistics & Programme Implementation. This represents a moderation from the 8.0% growth recorded in August 2026 (Quick Estimate). The index value stood at 124.3 in September 2026 compared to 116.5 in September 2025.

Sectoral Performance Breakdown

The manufacturing sector, which carries the highest weight of 76.062%, grew by 7.6% year-on-year, with its index reaching 128.0. The electricity and gas supply sector showed the strongest growth at 11.2%, reaching an index of 128.6. The water supply, sewerage and waste management sector grew by 5.8% to an index of 146.4. However, the mining and quarrying sector contracted by 6.2%, with its index declining to 90.4.

Manufacturing Sector Detailed Analysis

Within the manufacturing sector, 17 out of 23 industry groups at NIC 2-digit level recorded positive growth. The top three contributors were manufacture of motor vehicles, trailers and semi-trailers (19.0% growth), manufacture of electrical equipment (33.9% growth), and manufacture of rubber and plastics products (19.9% growth). Specific item groups showing significant contribution included auto components, spares and accessories; passenger cars; commercial vehicles; electrical apparatus for switching or protecting electrical circuits; UPS and solid-state drives; end-face connectors for optical fibres and cables; acrylic sheets; tyres for light motor vehicles; and V-belts and rubber conveyors.

Use-Based Classification Performance

As per use-based classification, the indices for September 2026 stood at 111.6 for primary goods, 153.4 for capital goods, 131.7 for intermediate goods, and 133.0 for infrastructure/construction goods. For consumer goods, the index for consumer durables was 133.1 while consumer non-durables stood at 111.8. The corresponding growth rates showed intermediate goods leading with 12.2% growth, followed by capital goods at 10.4%, infrastructure/construction goods at 7.2%, primary goods at 4.0%, consumer durables at 6.0%, and consumer non-durables at 1.4%.

Cumulative Performance and Methodology

For the cumulative period April-September 2026-27, the overall IIP growth was 7.5%. The Quick Estimates for September 2026 were compiled at a weighted response rate of 86.5%, while the final revision for August 2026 was compiled at a 92.0% response rate. The indices are subject to revision in subsequent releases as per the revision policy of IIP. The next release for October 2026 IIP is scheduled for Monday, 30th November 2026.