Data● Neutral for Indian equities
Textile output surges, but apparel production stays in the red. What’s driving the divergence?
The brief
- Industrial output grew 8% in August 2026, driven by manufacturing
- Apparel production declined 7.4%
- The divergence matters for Indian manufacturers and apparel retailers facing uneven demand
- India's industrial output flags gap between textiles, apparel manufacturing
- Brazil industrial output drops 0.6% in August amid rate pressures
- GST, PMI and UPI strengthen in September, but auto sales show pockets of weakness
- Manufacturing PMI’s dead cat bounce
- Eurozone manufacturing PMI reaches four-year high of 52.9 in September
India’s industrial output growth in August
India’s industrial output grew 8% in August, up from 6.7% in July. Reports put manufacturing growth at 8% or more for three consecutive months, with the latest citing 9%.
Sunday, 4 October
- Textile output surges, but apparel production stays in the red. What’s driving the divergence?