Industrial output growth quickens to 8% in August on manufacturing, power

•India's industrial output growth accelerated to 8% in August, up 60 basis points from 7.4% in July.

•Manufacturing growth rose to 9%, its second-highest level in 29 months, with electrical equipment leading the gains at 30.9%.

•Electricity and gas supply growth reached 12.3%, the highest level since May 2024, with renewable generation rising 15.4%.

•Industrial output grew 6.7% in April-August, compared to 4.2% in the same period last year.