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India's Core Sector Slows: November Growth Decelerates
22 Dec
Summary
- Eight key infrastructure sectors grew by 1.8% in November.
- Fertiliser production increased by 5.6%, while steel grew 6.1%.
- Cement production surged 14.5%, but electricity output declined.
India's crucial infrastructure sectors demonstrated a decelerated growth of 1.8% in November, as reported on December 22, 2025. This marks a substantial slowdown compared to the 5.8% growth observed during the same period in the previous year. The core sector, which significantly influences the overall industrial production index, faced mixed performances across its constituents.
Among the eight key infrastructure industries, coal production saw a rebound, growing by 2.1% after a period of decline. Steel production exhibited a modest increase of 6.1%. Fertiliser production also contributed positively with a 5.6% rise. However, crude oil and natural gas production continued to contract, by 3.2% and 2.5% respectively. Refinery products also experienced a slight contraction of 0.9%.
Notable was the significant surge in cement production, which grew by an impressive 14.5% in November, a considerable jump from the previous month's 5.2%. Conversely, electricity generation declined by 2.2%, although this represented an improvement from the steeper -6.9% contraction recorded earlier. These figures highlight a complex economic landscape for India's foundational industries.
