India’s industrial production grew 8 per cent in August, with manufacturing and electricity leading the expansion. The strong print points to steady momentum in the economy’s core sectors.

Manufacturing output remained the main driver, supported by robust domestic demand. Electricity generation also contributed strongly, reflecting healthy industrial activity through the month.

The figure comes as India pursues an ambitious one trillion dollar export target for goods and services this year. Strong industrial growth gives policymakers room to push ahead with the trade agenda.

Economists will watch whether the pace holds through the festive season. Sustained industrial growth would support jobs and tax collections in the months ahead.

The strong number adds to a run of positive economic data this quarter. Export orders and infrastructure spending have been supporting factory output. The RBI has been watching growth and inflation data closely as it sets monetary policy. Analysts say continued capital expenditure by the government should keep industrial momentum going. The next data release will show whether the festive season adds further strength to the numbers.