Consumer durables output grew at a 10-month high of 10.5% YoY in Sep’25, aided by GST rationalization measures and a demand boost driven by the festive season.

(Source: Marianna Krzakiewicz/ Unsplash) Industrial activity is expected to remain steady in the coming months, supported by robust government capex, easing inflation, and the positive impact of GST rationalization on consumer demand. Investment-driven sectors are likely to sustain their momentum, while consumer goods may see a gradual improvement as rural demand recovers. Some pressure from weak exports and global trade frictions may persist, but the overall industrial out...

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