India’s core sector industries grow at 4% in January 2026, slower than growth in December 2025

Monday, 23 February 2026 10:06:12 (GMT+3)   |   Kolkata

India’s eight industries designated as ‘core sector’ recorded a combined growth of 4 per cent in January 2026, over corresponding month of previous year, but slower than 4.7 per cent in December 2025, according to data released by ministry of commerce on Monday, February 23.

The core sector growth during April-January of fiscal 2025-26 was 2.8 per cent higher than corresponding period of previous fiscal.

The eight core sector industries are steel, fertilizer, cement, coal, crude oil, natural gas, refinery products and electricity.

Crude oil production contracted 5.8 percent in January 2026, higher than the 5.6 percent contraction seen in December 2025. Natural gas output fell 5 percent also more than the 4.4 percent contraction in December 2025.

Cement output rose 10.7 per cent year-on-year in January compared to 13.7 percent  in December. Steel production increased 9.9 percent compared to 10.1 percent in December.

Fertilizer output grew 3.7 percent and electricity generation rose 3.8 percent , helping offset weakness in oil and gas. Coal production also rose 3.1 percent in January. The growth rate of fertilizer, electricity, and coal sectors was 4.1 percent 6.3 percent and 3.6 percent in December, respectively.

AjoyDas
Ajoy Das
Editor
All Articles by the Author

I graduated from the University of Kolkata with a degree in economics and have three decades of experience in reporting for leading print media publications, covering key manufacturing industries like iron and steel, energy (fossil and renewable), chemicals and petrochemicals and mining sectors (coal, bauxite, iron ore and copper). I work as a correspondent for SteelOrbis reporting on the Indian steel industry covering pricing and trade trends across the value chain, capacity creations and utilizations, corporate developments, government policy frameworks and industry related news.

Similar articles

India sees finished steel output rise 4% in Apr-Oct FY 2026-27, remains net importer

Ex-India pellet prices slip amid absent Chinese buyers, sellers focus on higher local margins

India's SMIOL sees consolidated net profit rise 88% in Q2 FY 2026-27

India's coking coal import port traffic up 11% in Apr-Oct FY 2026-27

India's coking coal imports from Australia show a declining trend

Jindal Stainless Limited subsidiary commissions powder coating facility for stainless products

Import scrap prices in India stable, but trade silent as local scrap offers fall further

Indian mills start discounting billet export offers as local market falls sharply

Local wire rod quotations in Indian market - week 45, 2026

India's BCCL sees 10 percent rise in coking coal output in October 2026