What Factors Led to India's 8 Core Industries Achieving a 13-Month High Growth Rate of 6.3% in August?
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Synopsis
India's eight core industries have experienced a remarkable growth surge, reaching a 13-month high of 6.3% in August. Driven by strong performance in steel, cement, and coal, this growth reflects increased economic activity across various sectors. Learn more about the factors contributing to this impressive development.
Key Takeaways
- India's core industries achieved a 6.3% growth rate in August.
- Steel production surged by 14.2% due to government infrastructure projects.
- Coal production increased by 11.4% during the same period.
- Electricity generation rose by 3.1% in August.
- Crude oil production saw a decline of 1.2%.
New Delhi, Sep 22 (NationPress) The growth rate of India's eight core industries has reached an impressive 6.3% in August this year, marking a 13-month high when compared to the same month last year. This remarkable rise is attributed to the strong performance of the steel, cement, and coal sectors, according to data published by the Commerce and Industry Ministry on Monday.
In August, the production of steel, coal, cement, fertilizer, electricity, and petroleum refinery products showed positive growth as economic activities gained momentum.
Specifically, steel production saw a substantial increase of 14.2% in August 2023, fueled by rising demand from significant infrastructure projects initiated by the government.
The cumulative growth of steel from April to August 2025-26 now stands at 10.4% compared to the same period last year.
Coal production also experienced a notable growth of 11.4% in August over the previous year.
Electricity generation rose by 3.1% while fertilizer production advanced by 4.6% during the month.
Cement output increased by 6.1% in August 2023 compared to August 2022, driven by heightened demand in large-scale infrastructure projects.
The cumulative index for cement rose by 8.4% from April to August 2025-26 compared to the same timeframe last year.
Petroleum refinery products, including petrol, diesel, and LPG, increased by 3.0% in August compared to the same month last year.
However, crude oil production fell by 1.2% in August, and natural gas output decreased by 2.2%.
The finalized growth rate for the index of Eight Core Industries in July 2025 was recorded at 3.7%. The cumulative growth rate for core industries from April to August 2025-26 is 2.8%, compared to the same period last year.
Point of View
The impressive growth of India's core industries is a testament to the resilience of the economy. As we witness the positive trends in steel, cement, and coal, it is crucial to understand the role of government initiatives in stimulating these sectors. NationPress remains committed to providing insights into how these developments impact our economy and society.
NationPress
22/09/2025
Frequently Asked Questions
What are the eight core industries in India?
The eight core industries in India include coal, crude oil, natural gas, petroleum refinery products, fertilizers, steel, cement, and electricity.
Why did steel production surge in August?
Steel production surged by 14.2% in August due to increased demand from major infrastructure projects initiated by the government.
What was the growth rate of core industries in July 2025?
The final growth rate of the index of Eight Core Industries for July 2025 was observed at 3.7%.
How does the growth of core industries affect the Indian economy?
The growth of core industries signifies increased economic activity, which can lead to job creation, infrastructure development, and overall economic prosperity.
What was the cumulative growth rate from April to August 2025-26?
The cumulative growth rate of core industries during April to August 2025-26 is 2.8% compared to the corresponding period of the previous year.
