RBI's August bulletin shows a manufacturing surge, with PMI near an 18-year high, and strong output of three-wheelers and two-wheelers.

• Factory orders rise as demand improves, driving overall expansion in the manufacturing sector across India.
• Passenger vehicle production fell due to dispatch recalibration before the GST reforms, but festive season recovery.
• The thermal coal boost revives conventional electricity generation, supporting a stable power supply amid improving production metrics.