India's core sector growth rises to four month high in December, led by cement and steel
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CNBC TV1820-01-2026, 17:32

India's Core Sector Growth Hits 4-Month High in December, Driven by Cement, Steel

  • India's eight core industries' growth accelerated to 3.7% in December 2025, a four-month high, up from 2.1% in November.
  • The rebound was primarily driven by strong performance in cement (13.5% growth) and steel (6.9% growth) compared to the previous year.
  • Electricity generation rose by 5.3%, reversing November's contraction, while coal production grew 3.6% and fertiliser output increased 4.1%.
  • Crude oil production fell 5.6%, natural gas output declined 4.4%, and petroleum refinery production slipped 1%, indicating weakness in energy sectors.
  • Cumulatively for April–December 2025-26, steel production was up 9.5%, cement output rose 8.8%, and electricity generation saw a 0.3% increase.

Why It Matters: India's core sector growth reached a four-month high in December, fueled by strong cement and steel output.

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