What is the growth rate of eight core industries in April?
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Synopsis
The eight core industries of India showed a modest growth of 0.5% in April 2025, according to recent government data. This increase reflects positive trends in key sectors like steel and cement, fueled by government infrastructure investments. Discover how these industries are impacting India's economy and what this growth means for the future.
Key Takeaways
- Eight core industries showed a 0.5% growth in April 2025.
- Steel production increased by 3.0% in the same month.
- Cement production rose by 6.7%.
- Electricity generation experienced a 1% increase.
- Coal production grew by 3.5%.
New Delhi, May 20 (NationPress) The combined index of eight core industries has seen a 0.5% increase in April 2025 compared to the same month last year, as reported by the Commerce and Industry Ministry on Tuesday.
The production of steel, cement, coal, electricity, and natural gas experienced positive growth in April this year, according to the official announcement.
These eight core industries account for 40.27% of the weight of items in the Index of Industrial Production (IIP), serving as a key indicator of overall industrial performance.
Steel production, which contributes nearly 18% to the index, rose by 3.0% in April 2025 compared to the same month last year. Its cumulative index also increased by 6.9% from April to March 2024-25 over the previous year.
Cement production saw a rise of 6.7% during the same month, with a cumulative index increase of 6.3% from April to March 2024-25 compared to the previous year.
The robust growth in both the steel and cement sectors can be attributed to significant government investments in large-scale infrastructure projects, including highways, railways, seaports, and airports, which have boosted demand for these materials. Additionally, there has been a resurgence in the construction sector.
Electricity generation, which holds a weight of nearly 20% in the index, experienced a 1% increase in April 2025 compared to the same month last year. Its cumulative index grew by 5.2% from April to March 2024-25 over the corresponding period last year.
Coal production rose by 3.5% in April 2025 compared to the same month in the previous year, with a cumulative growth of 5.1% during April to March 2024-25 compared to the same period last year.
Natural gas production saw a slight increase of 0.4% in April this year compared to the last year. However, crude oil production fell by 2.8% during the month due to the aging oil fields of ONGC.
Petroleum refinery production dipped by 4.5% in April 2025 versus the previous year. Its cumulative index rose by 2.8% from April to March 2024-25 compared to the same period last year.
Fertilizer production dropped by 4.2% in April 2025 compared to last year, while its cumulative index increased by 2.9% during April to March 2024-25 over the previous year.
The final growth rate for the eight core industries in January 2025 was noted at 5.1%. The cumulative growth rate for the core sector from April to March 2024-25 now stands at 4.5% compared to the same period last year, as indicated in the official statement.
Point of View
It is essential to recognize the steady growth of the eight core industries, which are crucial to our nation's economic health. The incremental growth of 0.5% in April is promising, especially given the government's focus on infrastructure projects that are expected to catalyze further development. This trajectory should inspire confidence in the industrial sector's resilience and potential.
NationPress
09/06/2025
Frequently Asked Questions
What are the eight core industries?
The eight core industries include coal, crude oil, natural gas, refinery products, fertilizers, steel, cement, and electricity.
What was the growth rate in April 2025?
The eight core industries recorded a growth rate of 0.5% in April 2025 compared to the same month last year.
How does government investment affect these industries?
Government investment in infrastructure projects significantly boosts demand for core products, thereby enhancing growth in these industries.
What is the significance of the Index of Industrial Production (IIP)?
The IIP is an important economic indicator that reflects the performance of various industrial sectors, including the eight core industries.
Why did crude oil production decline?
Crude oil production declined by 2.8% due to the aging oil fields of ONGC, affecting overall production levels.
