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India’s Industrial output rises 4% as economy shows strong resilience

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India’s Industrial output rises 4% as economy shows strong resilience



India continues to demonstrate strong economic resilience, with the Index of Industrial Production (IIP) rising 4 per cent in September 2025, even as the global environment in late 2025 is marked by slowing growth, fragmented trade patterns, and heightened geopolitical tensions, according to the latest Economy Observer by Dun & Bradstreet. While advanced economies face fiscal fragility and shifting investment flows, India’s policy stability, and strengthening macroeconomic parameters continue to anchor its performance, supported by firm industrial activity driven by infrastructure-linked sectors including electricity, and intermediate goods.

Dun & Bradstreet estimates IIP growth to have moderated to 3.5 per cent in October compared with 4 per cent in September and 4.1 per cent in August due to weaker non-durable consumer output, inventory overhang, and subdued external demand. Even so, the combination of strong domestic demand, prudent monetary policy, and rising trade diversification continues to shield the Indian economy from global turbulence.

India’s economy remains resilient, with IIP up 4 per cent in September 2025 despite global slowdown pressures, according to Dun & Bradstreet.
It expects moderation to 3.5 per cent in October, while inflation eases sharply, with CPI projected at 0.6 per cent and WPI turning negative.
Firm domestic demand, rising gold reserves, and stronger external inflows continue to support India’s growth outlook.

CPI inflation eased sharply to 1.5 per cent in September—its lowest level since June 2017—and is projected to fall further to 0.6 per cent in October, driven by subdued food prices and GST rationalisation effects. WPI inflation is estimated to turn negative at minus 1 per cent in October, from 0.1 per cent in September and 0.5 per cent in August. These indicators, also highlighted in the table, point to cooling input costs and improving purchasing power. While this may support short-term demand, Dun & Bradstreet notes that post-festive normalisation and muted wholesale pricing power may lead businesses to adjust production and delay restocking, Dun & Bradstreet said in a press release.

Financial conditions remained broadly stable. The 10-year G-Sec yield is estimated to have eased to 6.5 per cent in October, while the 91-day T-Bill yield held steady at 5.5 per cent for the third straight month. The repo rate remained unchanged at 5.5 per cent as the RBI kept a neutral stance, citing resilient growth and subdued inflation. Liquidity fluctuated due to festive and GST outflows, prompting the central bank to conduct multiple repo and reverse repo auctions. Bank credit growth is estimated to moderate to 9.8 per cent in October from 10.4 per cent in September. These trends are captured in the table, which shows steady short-term yields and modest credit softening.

India’s external buffers strengthened further, particularly gold reserves. The RBI’s gold holdings stood at $97.5 billion at the end of September, accounting for 13.9 per cent of total forex reserves—the highest share in more than two decades. The RBI also declared a record redemption price of ₹12,704 per unit for Sovereign Gold Bonds issued in 2020, reflecting the rise in global gold prices. The rupee averaged ₹88.6 per USD in October, with expectations of mild appreciation to ₹88 in November, consistent with the table’s exchange rate forecasts.

India’s external sector displayed resilience alongside emerging pressures. The central bank’s amendment to the Foreign Exchange Management Regulations now permits rupee-denominated lending to Sri Lanka, Nepal, and Bhutan, promoting greater regional financial integration. India drew foreign investment inflows of $7.3 billion in Q1 FY26, comprising $2.5 billion in FII inflows and $1.6 billion in portfolio investment, reflecting global investor confidence in India’s economic fundamentals.

“India’s economic trajectory continues to defy global headwinds, anchored by resilient domestic fundamentals and a benign inflation outlook. Industrial output remains robust, though signs of post-festive normalisation and inventory adjustments suggest a near-term moderation,” said Arun Singh, global chief economist, Dun & Bradstreet.

“The RBI’s neutral stance and stable yields reflect confidence in macroeconomic stability, while strategic trade diversification and rising gold reserves underscore India’s proactive positioning as a resilient and forward-looking economy amid global uncertainty. As advanced economies grapple with fiscal fragility, India’s calibrated policy mix and expanding external partnerships offer a compelling narrative of resilience and opportunity in a fragmented global landscape,” added Singh.

Fibre2Fashion News Desk (SG)



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Top Vietnamese, Chinese leaders hold talks on advancing cooperation

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Top Vietnamese, Chinese leaders hold talks on advancing cooperation



China and Vietnam are accelerating efforts to navigate bilateral trade towards a more balanced and sustainable course.

China will step up building a higher-level China-Vietnam community with a shared future that carries strategic significance, Chinese President Xi Jinping said while holding talks with visiting Vietnamese President To Lam.

China and Vietnam are accelerating efforts to navigate bilateral trade towards a more balanced and sustainable course.
President Xi Jinping recently held talks with visiting Vietnamese President To Lam.
During the visit, Vietnamese Minister of Industry and Trade Le Manh Hung called for a restructuring of production, trade and supply chains alongside stronger investment cooperation.

Xi said both countries should work together in their modernisation drive, accelerate the alignment of development strategies and prioritise infrastructure connectivity.

While meeting Chinese Minister of Commerce Wang Wentao during the state visit, Vietnamese Minister of Industry and Trade Le Manh Hung called for a restructuring of production, trade and supply chains alongside stronger investment cooperation.

Wang said both sides should focus on implementing the high-level common perceptions, including raising bilateral trade turnover to $500 billion in future.

Hung urged China to expand imports of Vietnamese goods, broaden the list of products eligible for tariff preferences and further open its market. He also called for the mutual recognition of quarantine results for agro-forestry-fishery products, facilitation of Vietnamese exports via cross-border e-commerce, and expansion of Vietnam’s trade promotion offices across Chinese localities, according to a Vietnamese news agency.

China will continue to support Vietnam in setting up additional trade promotion offices, following those already established in Chongqing, Hangzhou and Haikou, Wang responded.

China also expressed readiness to support Vietnam’s stronger exports through cross-border e-commerce, encouraging greater visibility of the Vietnam National Pavilion on Chinese e-commerce platforms beyond JD.com to better promote Vietnamese products to Chinese consumers.

China has consistently been Vietnam’s largest trading partner and second-largest export market, while Vietnam continues to be China’s biggest trading partner in the Association of Southeast Asian Nations (ASEAN).

Fibre2Fashion News Desk (DS)



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Hong Kong apparel imports stabilise after sharp dip last year

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Hong Kong apparel imports stabilise after sharp dip last year












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Burberry unveils High Summer 2026 lido-inspired campaign

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Burberry unveils High Summer 2026 lido-inspired campaign



Burberry presents the High Summer 2026 campaign: a film and portfolio of images capturing life at the lido, celebrating Britain’s culture of open-air pools that come alive with families, friends and neighbours every summer.

British actors Simone Ashley and Tom Blyth star alongside models Alva Claire, Babacar N’Doye and Sacha Quenby and a cast of synchronised swimmers and divers.

Burberry’s High Summer 2026 campaign captures Britain’s nostalgic lido culture through a sunlit film featuring Simone Ashley and Tom Blyth.
Blending heritage check with pastel tones, the collection spans swimwear, relaxed tailoring, raffia bags and lightweight layers, evoking effortless, poolside summer style.
Directed by Francis Plummer, the campaign reflects a warm, communal British summer mood.

The campaign film is directed by Francis Plummer and shot by photographer Ryan McGinley. The cameras move from loungers to diving boards, catching mid-air dives and friends stretched out in the hazy afternoon light. Before long, the best spots by the pool are claimed with a Burberry towel. Summer has begun. The film is underscored by the TONE remix of ‘Beating’ by Tirzah.

‘A lido holds a particular kind of nostalgia for the British. The moment the sun comes out, we make the most of the weather. We wanted to bring to life a warm summer’s day spent in and around the water’s edge with friends.’ said Daniel Lee Chief Creative Officer, Burberry.

Key styles

The High Summer 2026 collection features the Burberry Check in heritage-inspired sand beige and pastel shades of aubergine purple and cornflower blue.

The iconic Burberry Check bikini is the beach essential, alongside matching swimsuits and men’s swim shorts trimmed with check.

Poolside separates include tops, skirts and shirts cut from cotton voile, plus cover-up dresses woven with a tonal Burberry Check and deckchair-inspired stripes. Ruffled trims and ties at the neckline capture the floaty, effortless feel of the collection. Festival

tank tops in ribbed cotton jersey are trimmed with check straps, while looks are wrapped in lightweight wool silk scarves.

For men, collared shirts and shorts are tailored to relaxed lines and finished with fresh interpretations of the Burberry Check, from textural weaves to intricate embroidered designs. The co-ord set is crafted from lightweight cotton poplin printed with a playful seahorse pattern in honeysuckle pink.

The classic cotton piqué polo shirt comes in a spectrum of vivid and neutral colours. Burberry Check is subtly placed at the placket and trims the collar of T-shirts in soft cotton jersey.

Lightweight hooded jackets are ideal for cooler evenings and unexpected showers, the new-season designs woven in aubergine purple and cornflower blue check.

In shoes, the new Knight Runner sneakers offer a streamlined, low-profile shape for summer. Sandals are elevated in the form of the whipstitched leather Baez and check-trimmed suede Urchin styles, while Burberry Check slides and Pavilion sandals are made for the beach.

Lightweight Margate bags are handcrafted in Madagascar from locally sourced raffia palm leaves, dyed in signature sand beige Burberry Check. Accessories include crocheted bucket hats and wraparound sunglasses, designed to shield from the sun.

Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.

Fibre2Fashion News Desk (JP)



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