The combined Index of Eight Core Industries (ICI) registered a 3.0 per cent year-on-year growth in September 2025, supported by strong performance in the steel, cement, electricity and fertilizer sectors, according to data released by the Ministry of Commerce and Industry.

Steel production recorded the highest growth among the eight sectors, rising by 14.1 per cent compared to the same month last year. Cement output grew by 5.3 per cent, electricity generation increased by 2.1 per cent, and fertilizer production saw a modest rise of 1.6 per cent.

On the other hand, key energy sectors showed contraction. Coal production declined by 1.2 per cent, crude oil by 1.3 per cent, natural gas by 3.8 per cent, and petroleum refinery products fell by 3.7 per cent in September.

The Eight Core Indust

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