An employee works on a printed circuit board at the assembly line of a factory that exports to the U.S., in Ciudad Juarez, Mexico, July 13, 2017. Picture taken July 13, 2017. REUTERS/Jose Luis Gonzalez
Economy
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CNBC TV1828-01-2026, 16:16

India's IIP Hits 26-Month High at 7.8% in December, Driven by Manufacturing Surge

  • India's Index of Industrial Production (IIP) surged to a 26-month high of 7.8% in December, up from 6.7% in November.
  • Manufacturing output, the largest component, grew 8.1%, slightly higher than the 8% in November.
  • Mining activity expanded to 6.8% from 5.4%, and electricity generation rebounded significantly to 6.3% after a contraction.
  • Primary goods growth rose to 4.4%, and infrastructure/construction goods maintained strong momentum at 12.1%.
  • Consumer durables accelerated to 12.3% and non-durables improved to 8.3%, indicating resilient demand.

Why It Matters: India's industrial output reached a 26-month peak in December, fueled by broad-based growth across sectors.

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