India’s factory output index reflected a spurt in "consumer durables" production during September, due to pent-up demand caused by GST cuts announced during the same month, say economists.

But some feel this is a temporary rise, and from January 2026 onwards, the impact of tax cuts on stimulating consumption, and thereby growth would fade.

According to the IIP data, released on October 28, the year-on-year output growth of consumer durables (carrying a weight of 12.8 percent in IIP), rose to a 10-month high of 10.2 percent in September 2025.

Consumer durables, as per IIP, are defined as products directly used by consumers and having a longer durability, typically considered to be more than two to three years. Passenger cars, two-wheelers, ACs, TV sets, refrigerators are classified as co

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