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[BUSINESS] · India, China · 25 sources

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Part of situation: Global manufacturing and services PMI trends (23 clusters)

India and China report divergent industrial trends in August 2026

industrial production manufacturing sector economic growth industrial profits purchasing managers index

India's industrial sector showed strong momentum in August 2026, with the Index of Industrial Production (IIP) growing 8.0% year-on-year. This growth was primarily driven by a 9.0% expansion in the manufacturing sector and a 12.3% increase in electricity and gas supply. Notable contributors within manufacturing included electrical equipment (30.9%), motor vehicles (25.2%), and other transport equipment (25.3%). Capital goods production also rose by 16.9%. However, the mining and quarrying sector experienced a contraction of 5.6%.

In China, the industrial landscape presented a more complex picture. While industrial profits for large firms grew 15.7% during the first eight months of 2026, the growth rate for August alone slowed to 4.2%, marking a deceleration from 11.2% in July. This slowdown was attributed to weak consumer demand and rising energy costs. Despite this, the manufacturing sector saw a return to expansion in September, with the Purchasing Managers’ Index (PMI) rising to 50.1%, up from 49.8% in August. This recovery was supported by the global artificial intelligence boom and easing weather disruptions.

Entities

China · India · MSCI China · Ministry of Statistics and Programme Implementation · National Bureau of Statistics · National Statistics Office

Claims

What the coverage asserts, and how many sources carry each claim.

Sources

Industrial Output Rises 8% in August [sanmarg.in]
China posts weakest industrial profit growth this year, expanding 4. 2% in August [www.formosadeportiva.com.ar]
India’s manufacturing lags despite economic rise [thefinancialanalyst.net]
Bakır fiyatları düştü: Çin verileri talep endişesini artırdı | EKOTÜRK [www.ekoturk.com]
Chinese factory activity returns to growth in September amid AI boom [www.businesstimes.com.sg]
国家统计局：9月制造业PMI50. 1%，比上月上升0. 3个百分点 - 经济观察网 － 专业财经新闻网站 [www.eeo.com.cn]
10 of 19 services sub-sectors in India’s economy clock double-digit growth in July - tennews. in: National News Portal [tennews.in]
China's Industrial Profits Surge 15. 7% in First Eight Months of 2026 [www.mumbrella.asia]
Industrial Production Growth India: अगस्त में औद्योगिक उत्पादन 8% बढ़ा, मैन्युफैक्चरिंग ग्रोथ 9%; इलेक्ट्रिकल इक्विपमेंट में भी उछाल [hindi.business-standard.com]
India’s Industrial Output Grows 8 pc in August, Manufacturing Leads - Business News Week [businessnewsweek.in]
【內地經濟】非官方製造業PMI升至52. 1創五個月高！連擴十個月 內外需齊發力 [www.edigest.hk]
Çin fabrikaları yeniden büyüyor: İçeride talep zayıf, ihracat motoru hız kesmiyor - Dünya Gazetesi [www.dunya.com]
【聚焦數據】內地9月官方製造業PMI升至50. 1%，符合預期 | 即時新聞 - 新聞 | etnet 經濟通|香港新聞財經資訊和生活平台 [www.etnet.com.hk]
China NBS PMIs Return to Expansion, but Demand Still Trails Production [www.actionforex.com]
China’s Industrial Profit Growth Slows to 4. 2% as Consumer Weakness Widens Economic Divide [www.tekedia.com]
Exports, investment to boost India's manufacturing growth: ICICI Bank [newsable.asianetnews.com]
India's manufacturing growth likely to remain robust on exports, capex push: Report [www.socialnews.xyz]
Industrial output surges 8% in Aug on record manufacturing growth [www.millenniumpost.in]
中國8月工業企業利潤增速大幅放緩 創年內新低 [www.epochtimes.com]
Industrial production rises 8 pc in August: Govt data [www.dtnext.in]
Business News | India's Industrial Output Rises 8% in August, Manufacturing Grows 9% [www.latestly.com]
Bakır fiyatları 10 günün dibini gördü [www.borsaningundemi.com]
Industrial output, retail sales, facility investment down in Aug. [www.koreaherald.com]
India Services Activity Surges In July: 17 Of 19 Sectors Register Growth [www.timesnownews.com]
IIP Growth Accelerates To 8% In August As Manufacturing, Electricity Drive Output [www.news18.com]