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Core industries growth at 3% in September; steel, cement, electricity lead
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India’s core-industry growth in September was 3 %, led by steel, cement and electricity, signalling steady industrial momentum.
India’s Index of Eight Core Industries (ICI) registered a 3 % year-on-year growth in September 2025, driven by steel, cement, electricity and fertiliser sectors, according to the Ministry of Commerce and Industry. The gain reflects a steady pickup in industrial activity and supports the broader growth narrative. While the growth is modest, it signals underlying momentum in heavy-industry segments that are key to infrastructure and manufacturing demand.