The Index of Eight Core Industries (ICI) in India experienced a modest rise of 3% in September 2025 compared to the previous year, according to provisional data released by the Ministry of Commerce and Industry. The increase was largely fueled by strong outputs in steel, cement, electricity, and fertilisers.

However, this growth was tempered by declines in sectors such as coal and crude oil. The cumulative growth rate for the core industries from April to September 2025-26 stands at a provisional 2.9%, indicating an overall mixed performance across different industrial sectors.

Significant sectoral shifts were noted: steel production saw an impressive 14.1% increase, while cement and electricity also posted gains. Conversely, coal production fell by 1.2%, and petroleum refinery output de

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