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India’s core industrial output rose 3% year-on-year in September 2025, led by strong performances in steel, cement, and electricity, according to data released by the Ministry of Commerce and Industry.
The Index of Eight Core Industries (ICI) which represents 40% of the country’s industrial production showed improvement over the previous month, reflecting steady demand recovery across infrastructure and construction sectors.
Steel output grew 6.4%, driven by rising infrastructure activity and auto-sector demand, while cement production increased 5.8%, supported by construction momentum and government-led housing projects. Electricity generation also saw a 5.2% jump, aided by robust power demand during the festive and pre-winter season.
Other sectors, including coal, fertilizers, and refinery products, recorded moderate or mixed growth, while crude oil and natural gas continued to contract.
Economists noted that while the core sector’s growth remains modest, it underscores India’s resilient industrial base amid global economic headwinds. The uptick in steel and cement is expected to support GDP growth in the upcoming quarters as infrastructure spending and manufacturing expansion continue to gain momentum.
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