Ministry of Commerce & Industry records 1.8% rise in Index of Eight Core Industries

Key facts

• The combined Index of Eight Core Industries (ICI) grew 1.8% in November 2025 compared with the year-ago period.
• ICI carries a 40.27% weight in the Index of Industrial Production (IIP).
• Cement output surged 14.5% and steel production increased 6.1% in November.
• Fertiliser production rose 5.6% and coal output climbed 2.1% during the month.
• Crude oil production declined 3.2%, natural gas fell 2.5%, refinery products contracted 0.9% and electricity generation slipped 2.2% in November.
• Cumulatively for April–November 2025-26, core sector output expanded 2.4% over the corresponding period last year.
• Steel and cement led cumulative growth at 9.7% and 8.2%, respectively, while coal, crude oil, natural gas and electricity posted cumulative declines.