Steel, Cement Drive Core Sector Growth to 3.7% in December, Highest in Four Months
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News18•20-01-2026, 18:14
Steel, Cement Drive Core Sector Growth to 3.7% in December, Highest in Four Months
- •India's core infrastructure sector grew by 3.7% in December, marking its highest growth in four months.
- •This acceleration was primarily driven by strong performances in steel (6.9% increase) and cement (13.5% increase) production.
- •Electricity production also saw a significant recovery, growing by 5.3%, its fastest increase in nine months.
- •Fuel-related sectors, including crude oil (-5.6%), natural gas (-4.4%), and refinery products (-1%), continued to show weakness.
- •The eight core industries account for 40% of the IIP, suggesting a potential boost to overall industrial production.
Why It Matters: Strong steel and cement output propelled India's core sector growth to a four-month high in December.
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