India's core industrial sectors expanded 1.7 percent during June when compared with the previous year's corresponding month. Government data revealed that steel, cement, and petroleum refinery outputs drove this growth momentum. Manufacturing activity strengthened across these key segments while other areas faced challenges.
Steel producers achieved remarkable gains of 9.3 percent for the month and maintained 7.0 percent growth over the April through June period. Cement manufacturers similarly recorded strong performance with 9.2 percent monthly expansion and 8.4 percent quarterly advancement. Petroleum refineries contributed 3.4 percent growth during June while maintaining stable cumulative performance.
However, electricity generation contracted 2.8 percent compared with June 2024 figures. Natural gas production similarly decreased by 2.8 percent during the same timeframe. These eight industrial categories represent 40.27 percent of the broader Industrial Production Index and serve as important economic indicators for policymakers and analysts tracking manufacturing trends.
Steel producers achieved remarkable gains of 9.3 percent for the month and maintained 7.0 percent growth over the April through June period. Cement manufacturers similarly recorded strong performance with 9.2 percent monthly expansion and 8.4 percent quarterly advancement. Petroleum refineries contributed 3.4 percent growth during June while maintaining stable cumulative performance.
However, electricity generation contracted 2.8 percent compared with June 2024 figures. Natural gas production similarly decreased by 2.8 percent during the same timeframe. These eight industrial categories represent 40.27 percent of the broader Industrial Production Index and serve as important economic indicators for policymakers and analysts tracking manufacturing trends.
