Indian manufacturing growth accelerated in August, driven by strong demand, higher production, job creation, and business confidence.

• Factory orders and production rose robustly, reflecting ongoing demand improvements and optimistic expectations for future output growth.
• Companies increased material purchases and input stocks, while finished goods inventories expanded after nine months of decline.
• Cost pressures remained subdued, yet selling prices rose, marking the fastest operating conditions improvement in 17-and-a-half years.