India's Manufacturing Surge Boosts Industrial Production

India's industrial production witnessed a notable surge of 5.2% in February, a development primarily driven by advancements in the manufacturing sector, according to official data released on Monday.

The Index of Industrial Production (IIP) recorded this growth, reflecting a significant leap from the 2.7% expansion observed in February 2025. The National Statistics Office (NSO) reevaluated January 2026's growth, adjusting it to 5.1% from an earlier provisional estimate of 4.8%.

Further analysis by the NSO revealed that the manufacturing sector’s output growth accelerated to an impressive 6% in February 2026, a substantial increase compared to 2.8% the previous year. Meanwhile, mining production saw a slight improvement to 3.1%, up from 1.6% last year, and power generation grew by 2.3%, down from 3.6% in the prior period. The April-February period of FY26 showed industrial production growth stabilizing at 4.1% compared to the previous year's data.