India's core sectors grew 2 percent in September from last year, as cement, refinery products, coal, fertiliser, and steel reported higher production.
The cumulative growth rate of the Index of Eight Core Industries (ICI) for the April-September period was 4.2 per cent compared to the corresponding period of last year, said the Ministry of Commerce and Industry, adding that the final growth rate of ICI for June stood at 5.0 per cent.
The eight core industries constitute 40.27 percent of the weight of commodities covered in the index of industrial production.
September was up 2.6% from the corresponding month last year. Coal production was 92.0 per cent for the period April to September 2024-25 as compared to the same period of the previous year. It was up 5.9%. Refinery production of petroleum increased by 5.8% from the year ago in September. At a cumulative index, it is higher over the comparable period of last year up to September at 2.3%.
Fertiliser production increased 1.9 percent in September and the cumulative index was up by 1.7 percent during April to September 2024-25 from the comparable period of the last year.
Steel production went up by 1.5 percent in September, with its cumulative index growing 6.1 percent in the April-September this year.
On the other hand, cement production rose by 7.1 per cent in September. Its cumulative index rose by 1.6 per cent during April to September 2024-25 from the same period of the previous year according to the data released by Ministry of Commerce and Industry.
The ICI gauges collective as well as individual performance of eight core industries: coal, crude oil, natural gas, refinery products, fertilisers, steel, cement, and electricity.
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