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Production and industry

Nine core industries

India’s nine core industries grew 4.8% in August 2026

4.8%

Data through

The overall index was 119.2 on base 2022-23 = 100.

Notes

Only published observations are shown. Missing periods are not zero and have not been interpolated.

Nine core industries on base 2022-23, including iron ore. This rebased series is not spliced with the former eight-industry 2011-12 series. Early growth readings not published by OEA remain null. the latest month is provisional.

The current base is 2022-23 and contains nine industries, including iron ore. The earlier eight-industry base is not spliced into this history.

A provisional observation can be revised in a later official workbook. Growth rates absent from the source remain unreported.

Publication cadence: Monthly. Missing observations are not zero.

Nine-core-industries index, base 2022-23 = 100

Nine-core-industries index, base 2022-23 = 100: 41 observations shown, from April 2023 through August 2026.

Nine-core-industries index, base 2022-23 = 100. Latest shown reading: 119.2 in August 2026.
Nine-core-industries index, base 2022-23 = 100, observations in the selected range
PeriodIndex
April 2023103.6
May 2023108.3
June 2023106.8
July 2023104.6
August 2023108.8
September 2023104.1
October 2023107.2
November 2023102.2
December 2023108.2
January 2024110.8
February 2024105.6
March 2024115.7
April 2024110.8
May 2024115.8
June 2024112.7
July 2024111.4
August 2024107.1
September 2024106.3
October 2024110.1
November 2024106.3
December 2024113.6
January 2025116.5
February 2025109.2
March 2025121.4
April 2025112.3
May 2025116.4
June 2025113.9
July 2025115
August 2025113.7
September 2025109.6
October 2025111
November 2025110
December 2025120
January 2026122.5
February 2026112.7
March 2026124.9
April 2026115.3
May 2026120.1
June 2026120.7
July 2026120.8
August 2026119.2

data.indiadispatch.com

Monthly index and output growth

Monthly index and output growth
MonthIndustryIndexYear-on-year changeProvisional
April 2023All nine industries103.6Not reportedNo
April 2023Coal98.6Not reportedNo
April 2023Natural gas95.2Not reportedNo
April 2023Crude oil98Not reportedNo
April 2023Refinery products101.2Not reportedNo
April 2023Fertilizers94.9Not reportedNo
April 2023Steel107.8Not reportedNo
April 2023Cement112.6Not reportedNo
April 2023Electricity103.8Not reportedNo
April 2023Iron ore115.3Not reportedNo
May 2023All nine industries108.3Not reportedNo
May 2023Coal102.7Not reportedNo
May 2023Natural gas101.2Not reportedNo
May 2023Crude oil102.8Not reportedNo
May 2023Refinery products107.6Not reportedNo
May 2023Fertilizers110.5Not reportedNo
May 2023Steel110.1Not reportedNo
May 2023Cement112.4Not reportedNo
May 2023Electricity108.8Not reportedNo
May 2023Iron ore117.7Not reportedNo
June 2023All nine industries106.8Not reportedNo
June 2023Coal99.3Not reportedNo
June 2023Natural gas101.4Not reportedNo
June 2023Crude oil99.8Not reportedNo
June 2023Refinery products103.9Not reportedNo
June 2023Fertilizers104.5Not reportedNo
June 2023Steel108.4Not reportedNo
June 2023Cement114.4Not reportedNo
June 2023Electricity110.8Not reportedNo
June 2023Iron ore106.5Not reportedNo
July 2023All nine industries104.6Not reportedNo
July 2023Coal93.5Not reportedNo
July 2023Natural gas109.2Not reportedNo
July 2023Crude oil103Not reportedNo
July 2023Refinery products102.5Not reportedNo
July 2023Fertilizers105.3Not reportedNo
July 2023Steel109.6Not reportedNo
July 2023Cement97.4Not reportedNo
July 2023Electricity110.1Not reportedNo
July 2023Iron ore80.1Not reportedNo
August 2023All nine industries108.8Not reportedNo
August 2023Coal91Not reportedNo
August 2023Natural gas110.9Not reportedNo
August 2023Crude oil102.3Not reportedNo
August 2023Refinery products103.2Not reportedNo
August 2023Fertilizers106.5Not reportedNo
August 2023Steel113.8Not reportedNo
August 2023Cement106.7Not reportedNo
August 2023Electricity119.1Not reportedNo
August 2023Iron ore84.3Not reportedNo
September 2023All nine industries104.1Not reportedNo
September 2023Coal90.4Not reportedNo
September 2023Natural gas106.1Not reportedNo
September 2023Crude oil97.8Not reportedNo
September 2023Refinery products96.7Not reportedNo
September 2023Fertilizers105.7Not reportedNo
September 2023Steel113Not reportedNo
September 2023Cement97.5Not reportedNo
September 2023Electricity111.1Not reportedNo
September 2023Iron ore90.8Not reportedNo
October 2023All nine industries107.2Not reportedNo
October 2023Coal105.6Not reportedNo
October 2023Natural gas110.9Not reportedNo
October 2023Crude oil102.4Not reportedNo
October 2023Refinery products98.2Not reportedNo
October 2023Fertilizers109Not reportedNo
October 2023Steel114Not reportedNo
October 2023Cement106.4Not reportedNo
October 2023Electricity110Not reportedNo
October 2023Iron ore113.1Not reportedNo
November 2023All nine industries102.2Not reportedNo
November 2023Coal113.6Not reportedNo
November 2023Natural gas106.6Not reportedNo
November 2023Crude oil98.5Not reportedNo
November 2023Refinery products102.6Not reportedNo
November 2023Fertilizers106.7Not reportedNo
November 2023Steel108.8Not reportedNo
November 2023Cement91.7Not reportedNo
November 2023Electricity95.2Not reportedNo
November 2023Iron ore116.7Not reportedNo
December 2023All nine industries108.2Not reportedNo
December 2023Coal124.9Not reportedNo
December 2023Natural gas109.7Not reportedNo
December 2023Crude oil101Not reportedNo
December 2023Refinery products110.5Not reportedNo
December 2023Fertilizers109.9Not reportedNo
December 2023Steel116.5Not reportedNo
December 2023Cement112.5Not reportedNo
December 2023Electricity98Not reportedNo
December 2023Iron ore118.5Not reportedNo
January 2024All nine industries110.8Not reportedNo
January 2024Coal134.4Not reportedNo
January 2024Natural gas109.6Not reportedNo
January 2024Crude oil102.9Not reportedNo
January 2024Refinery products103.6Not reportedNo
January 2024Fertilizers108Not reportedNo
January 2024Steel122.2Not reportedNo
January 2024Cement112.7Not reportedNo
January 2024Electricity106.4Not reportedNo
January 2024Iron ore117.1Not reportedNo
February 2024All nine industries105.6Not reportedNo
February 2024Coal129.8Not reportedNo
February 2024Natural gas102.9Not reportedNo
February 2024Crude oil95.9Not reportedNo
February 2024Refinery products101Not reportedNo
February 2024Fertilizers90.5Not reportedNo
February 2024Steel114.3Not reportedNo
February 2024Cement113.9Not reportedNo
February 2024Electricity101Not reportedNo
February 2024Iron ore113.7Not reportedNo
March 2024All nine industries115.7Not reportedNo
March 2024Coal156.8Not reportedNo
March 2024Natural gas109.5Not reportedNo
March 2024Crude oil103Not reportedNo
March 2024Refinery products112Not reportedNo
March 2024Fertilizers93.1Not reportedNo
March 2024Steel124.1Not reportedNo
March 2024Cement128.7Not reportedNo
March 2024Electricity110.3Not reportedNo
March 2024Iron ore114Not reportedNo
April 2024All nine industries110.86.9%No
April 2024Coal105.77.2%No
April 2024Natural gas103.68.8%No
April 2024Crude oil99.61.6%No
April 2024Refinery products105.24%No
April 2024Fertilizers94.2−0.7%No
April 2024Steel1189.5%No
April 2024Cement113.10.4%No
April 2024Electricity114.510.3%No
April 2024Iron ore122.66.3%No
May 2024All nine industries115.86.9%No
May 2024Coal112.89.8%No
May 2024Natural gas1097.7%No
May 2024Crude oil101.7−1.1%No
May 2024Refinery products108.10.5%No
May 2024Fertilizers108.6−1.7%No
May 2024Steel119.88.8%No
May 2024Cement1130.5%No
May 2024Electricity123.813.8%No
May 2024Iron ore122.74.2%No
June 2024All nine industries112.75.5%No
June 2024Coal113.914.7%No
June 2024Natural gas1053.6%No
June 2024Crude oil97.1−2.7%No
June 2024Refinery products102.3−1.5%No
June 2024Fertilizers107.12.5%No
June 2024Steel117.68.5%No
June 2024Cement116.72%No
June 2024Electricity120.38.6%No
June 2024Iron ore123.115.6%No
July 2024All nine industries111.46.5%No
July 2024Coal99.46.3%No
July 2024Natural gas108−1.1%No
July 2024Crude oil100.1−2.8%No
July 2024Refinery products109.87.1%No
July 2024Fertilizers1115.4%No
July 2024Steel118.48%No
July 2024Cement102.85.5%No
July 2024Electricity118.98%No
July 2024Iron ore87.18.7%No
August 2024All nine industries107.1−1.6%No
August 2024Coal84.2−7.5%No
August 2024Natural gas106.9−3.6%No
August 2024Crude oil98.9−3.3%No
August 2024Refinery products102.2−1%No
August 2024Fertilizers109.93.2%No
August 2024Steel117.93.6%No
August 2024Cement104−2.5%No
August 2024Electricity114.6−3.8%No
August 2024Iron ore84.40.1%No
September 2024All nine industries106.32.1%No
September 2024Coal92.52.3%No
September 2024Natural gas104.6−1.4%No
September 2024Crude oil94−3.9%No
September 2024Refinery products102.35.8%No
September 2024Fertilizers107.71.9%No
September 2024Steel116.43%No
September 2024Cement104.87.5%No
September 2024Electricity111.70.5%No
September 2024Iron ore90.80%No
October 2024All nine industries110.12.7%No
October 2024Coal113.77.7%No
October 2024Natural gas109.6−1.2%No
October 2024Crude oil97.4−4.9%No
October 2024Refinery products103.45.3%No
October 2024Fertilizers109.40.4%No
October 2024Steel120.35.5%No
October 2024Cement109.73.1%No
October 2024Electricity112.22%No
October 2024Iron ore106.4−5.9%No
November 2024All nine industries106.34%No
November 2024Coal121.97.3%No
November 2024Natural gas104.7−1.8%No
November 2024Crude oil96.4−2.1%No
November 2024Refinery products105.32.6%No
November 2024Fertilizers108.92.1%No
November 2024Steel117.68.1%No
November 2024Cement103.412.8%No
November 2024Electricity99.44.4%No
November 2024Iron ore112.8−3.3%No
December 2024All nine industries113.65%No
December 2024Coal131.65.4%No
December 2024Natural gas107.9−1.6%No
December 2024Crude oil101.70.7%No
December 2024Refinery products113.42.6%No
December 2024Fertilizers111.71.6%No
December 2024Steel127.39.3%No
December 2024Cement123.910.1%No
December 2024Electricity104.16.2%No
December 2024Iron ore119.81.1%No
January 2025All nine industries116.55.1%No
January 2025Coal140.34.4%No
January 2025Natural gas107.8−1.6%No
January 2025Crude oil101.7−1.2%No
January 2025Refinery products1128.1%No
January 2025Fertilizers111.12.9%No
January 2025Steel130.16.5%No
January 2025Cement128.814.3%No
January 2025Electricity108.92.3%No
January 2025Iron ore13011%No
February 2025All nine industries109.23.4%No
February 2025Coal132.11.8%No
February 2025Natural gas96.7−6%No
February 2025Crude oil91.1−5%No
February 2025Refinery products101.60.6%No
February 2025Fertilizers99.810.3%No
February 2025Steel122.67.3%No
February 2025Cement126.110.7%No
February 2025Electricity104.73.7%No
February 2025Iron ore126.511.3%No
March 2025All nine industries121.44.9%No
March 2025Coal159.21.5%No
March 2025Natural gas105.1−4%No
March 2025Crude oil101.1−1.8%No
March 2025Refinery products112.10.1%No
March 2025Fertilizers101.48.9%No
March 2025Steel136.19.7%No
March 2025Cement144.312.1%No
March 2025Electricity118.57.4%No
March 2025Iron ore120.55.7%No
April 2025All nine industries112.31.4%No
April 2025Coal109.73.8%No
April 2025Natural gas102.3−1.3%No
April 2025Crude oil96.5−3.1%No
April 2025Refinery products100.8−4.2%No
April 2025Fertilizers90.2−4.2%No
April 2025Steel128.38.7%No
April 2025Cement119.65.7%No
April 2025Electricity116.51.7%No
April 2025Iron ore121.9−0.6%No
May 2025All nine industries116.40.5%No
May 2025Coal1162.8%No
May 2025Natural gas104.8−3.9%No
May 2025Crude oil100−1.7%No
May 2025Refinery products109.21%No
May 2025Fertilizers102.2−5.9%No
May 2025Steel130.89.2%No
May 2025Cement122.28.1%No
May 2025Electricity118−4.7%No
May 2025Iron ore124.81.7%No
June 2025All nine industries113.91.1%No
June 2025Coal106.1−6.8%No
June 2025Natural gas101.9−3%No
June 2025Crude oil96.6−0.5%No
June 2025Refinery products105.73.3%No
June 2025Fertilizers105.8−1.2%No
June 2025Steel129.610.2%No
June 2025Cement125.97.9%No
June 2025Electricity118.8−1.2%No
June 2025Iron ore102.9−16.4%No
July 2025All nine industries1153.2%No
July 2025Coal87.2−12.3%No
July 2025Natural gas104.4−3.3%No
July 2025Crude oil99.3−0.8%No
July 2025Refinery products108.3−1.4%No
July 2025Fertilizers113.11.9%No
July 2025Steel13715.7%No
July 2025Cement114.211.1%No
July 2025Electricity123.33.7%No
July 2025Iron ore80.9−7.1%No
August 2025All nine industries113.76.2%No
August 2025Coal93.310.8%No
August 2025Natural gas104.6−2.2%No
August 2025Crude oil98.2−0.7%No
August 2025Refinery products105.73.4%No
August 2025Fertilizers114.94.5%No
August 2025Steel135.915.3%No
August 2025Cement109.65.4%No
August 2025Electricity119.44.2%No
August 2025Iron ore91.17.9%No
September 2025All nine industries109.63.1%No
September 2025Coal91.5−1.1%No
September 2025Natural gas100.7−3.7%No
September 2025Crude oil93.3−0.7%No
September 2025Refinery products99−3.2%No
September 2025Fertilizers109.51.7%No
September 2025Steel13314.3%No
September 2025Cement110.15.1%No
September 2025Electricity115.23.1%No
September 2025Iron ore91.50.8%No
October 2025All nine industries1110.8%No
October 2025Coal104.1−8.4%No
October 2025Natural gas103.9−5.2%No
October 2025Crude oil96.6−0.8%No
October 2025Refinery products108.95.3%No
October 2025Fertilizers117.57.4%No
October 2025Steel131.79.5%No
October 2025Cement115.45.2%No
October 2025Electricity104.4−7%No
October 2025Iron ore115.78.7%No
November 2025All nine industries1103.5%No
November 2025Coal124.62.2%No
November 2025Natural gas102.1−2.5%No
November 2025Crude oil93.9−2.6%No
November 2025Refinery products105.1−0.2%No
November 2025Fertilizers114.95.5%No
November 2025Steel131.311.6%No
November 2025Cement11915.1%No
November 2025Electricity97.9−1.5%No
November 2025Iron ore134.619.3%No
December 2025All nine industries1205.6%No
December 2025Coal136.53.7%No
December 2025Natural gas103.2−4.4%No
December 2025Crude oil96.5−5.1%No
December 2025Refinery products113.1−0.3%No
December 2025Fertilizers116.34.1%No
December 2025Steel141.411.1%No
December 2025Cement141.214%No
December 2025Electricity110.66.2%No
December 2025Iron ore146.522.3%No
January 2026All nine industries122.55.2%No
January 2026Coal141.50.9%No
January 2026Natural gas102.5−4.9%No
January 2026Crude oil96.2−5.4%No
January 2026Refinery products112.50.4%No
January 2026Fertilizers115.23.7%No
January 2026Steel148.113.8%No
January 2026Cement143.311.3%No
January 2026Electricity114.55.1%No
January 2026Iron ore146.712.8%No
February 2026All nine industries112.73.2%No
February 2026Coal133.91.4%No
February 2026Natural gas91.9−5%No
February 2026Crude oil86.7−4.8%No
February 2026Refinery products101.2−0.4%No
February 2026Fertilizers103.33.5%No
February 2026Steel134.79.9%No
February 2026Cement137.69.1%No
February 2026Electricity107.12.3%No
February 2026Iron ore137.38.5%No
March 2026All nine industries124.92.9%No
March 2026Coal152.9−4%No
March 2026Natural gas101.2−3.7%No
March 2026Crude oil95.7−5.3%No
March 2026Refinery products113.10.9%No
March 2026Fertilizers76.5−24.6%No
March 2026Steel149.29.6%No
March 2026Cement151.14.7%No
March 2026Electricity119.50.8%No
March 2026Iron ore160.633.3%No
April 2026All nine industries115.32.7%No
April 2026Coal99.8−9%No
April 2026Natural gas98−4.2%No
April 2026Crude oil93.4−3.2%No
April 2026Refinery products100.6−0.2%No
April 2026Fertilizers82.5−8.5%No
April 2026Steel134.34.7%No
April 2026Cement129.58.3%No
April 2026Electricity122.95.5%No
April 2026Iron ore137.112.5%No
May 2026All nine industries120.13.2%No
May 2026Coal105−9.5%No
May 2026Natural gas99.6−5%No
May 2026Crude oil95.8−4.2%No
May 2026Refinery products100.3−8.2%No
May 2026Fertilizers101.2−1%No
May 2026Steel137.55.1%No
May 2026Cement132.58.4%No
May 2026Electricity131.211.2%No
May 2026Iron ore148.519%No
June 2026All nine industries120.76%No
June 2026Coal107.61.4%No
June 2026Natural gas97−4.8%No
June 2026Crude oil92.5−4.2%No
June 2026Refinery products101.5−4%No
June 2026Fertilizers102.3−3.3%No
June 2026Steel136.85.6%No
June 2026Cement138.49.9%No
June 2026Electricity132.311.4%No
June 2026Iron ore148.744.5%No
July 2026All nine industries120.85%No
July 2026Coal93.87.6%No
July 2026Natural gas101.3−3%No
July 2026Crude oil94−5.3%No
July 2026Refinery products111.63%No
July 2026Fertilizers104−8%No
July 2026Steel139.61.9%No
July 2026Cement128.712.7%No
July 2026Electricity133.68.4%No
July 2026Iron ore104.829.5%No
August 2026All nine industries119.24.8%Yes
August 2026Coal89.8−3.8%Yes
August 2026Natural gas99.5−4.9%Yes
August 2026Crude oil94.7−3.6%Yes
August 2026Refinery products108.42.6%Yes
August 2026Fertilizers100.7−12.4%Yes
August 2026Steel140.53.4%Yes
August 2026Cement123.312.5%Yes
August 2026Electricity133.311.6%Yes
August 2026Iron ore96.15.5%Yes

data.indiadispatch.com

Completed financial years

Completed financial years
Financial yearIndustryIndexYear-on-year changeProvisional
FY 2023-24All nine industries107.2Not reportedNo
FY 2023-24Coal111.7Not reportedNo
FY 2023-24Natural gas106.1Not reportedNo
FY 2023-24Crude oil100.6Not reportedNo
FY 2023-24Refinery products103.6Not reportedNo
FY 2023-24Fertilizers103.7Not reportedNo
FY 2023-24Steel113.6Not reportedNo
FY 2023-24Cement108.9Not reportedNo
FY 2023-24Electricity107.1Not reportedNo
FY 2023-24Iron ore107.3Not reportedNo
FY 2024-25All nine industries111.84.3%No
FY 2024-25Coal117.35%No
FY 2024-25Natural gas105.7−0.3%No
FY 2024-25Crude oil98.4−2.2%No
FY 2024-25Refinery products106.52.8%No
FY 2024-25Fertilizers106.72.9%No
FY 2024-25Steel121.87.3%No
FY 2024-25Cement115.96.4%No
FY 2024-25Electricity112.65.2%No
FY 2024-25Iron ore112.24.6%No
FY 2025-26All nine industries115.23%No
FY 2025-26Coal116.4−0.7%No
FY 2025-26Natural gas102−3.6%No
FY 2025-26Crude oil95.8−2.7%No
FY 2025-26Refinery products106.90.4%No
FY 2025-26Fertilizers106.6−0.1%No
FY 2025-26Steel135.911.6%No
FY 2025-26Cement125.88.5%No
FY 2025-26Electricity113.81%No
FY 2025-26Iron ore121.28%No

data.indiadispatch.com

Comparable cumulative periods

Comparable cumulative periods
PeriodIndustryIndexYear-on-year changeProvisional
1 April 2025 to 31 August 2025All nine industries114.32.42%No
1 April 2025 to 31 August 2025Coal102.5−0.72%No
1 April 2025 to 31 August 2025Natural gas103.6−2.72%No
1 April 2025 to 31 August 2025Crude oil98.1−1.37%No
1 April 2025 to 31 August 2025Refinery products105.90.4%No
1 April 2025 to 31 August 2025Fertilizers105.2−0.87%No
1 April 2025 to 31 August 2025Steel132.311.81%No
1 April 2025 to 31 August 2025Cement118.37.62%No
1 April 2025 to 31 August 2025Electricity119.20.66%No
1 April 2025 to 31 August 2025Iron ore104.3−3.39%No
1 April 2026 to 31 August 2026All nine industries119.24.34%Yes
1 April 2026 to 31 August 2026Coal99.2−3.18%Yes
1 April 2026 to 31 August 2026Natural gas99.1−4.36%Yes
1 April 2026 to 31 August 2026Crude oil94.1−4.12%Yes
1 April 2026 to 31 August 2026Refinery products104.5−1.38%Yes
1 April 2026 to 31 August 2026Fertilizers98.1−6.75%Yes
1 April 2026 to 31 August 2026Steel137.74.1%Yes
1 April 2026 to 31 August 2026Cement130.510.3%Yes
1 April 2026 to 31 August 2026Electricity130.79.61%Yes
1 April 2026 to 31 August 2026Iron ore12721.78%Yes

data.indiadispatch.com

Current-base industry weights

Current-base industry weights
IndustryWeight
Coal5.596%
Natural gas3.841%
Crude oil7.43%
Refinery products22.572%
Fertilizers2.731%
Steel17.584%
Cement4.41%
Electricity30.932%
Iron ore4.905%

data.indiadispatch.com

Source: Office of the Economic Adviser, India Dispatch Research

Cite this reading

India by the numbers, Nine core industries, August 2026. 4.8%. Source: Office of the Economic Adviser. https://data.indiadispatch.com/economy/core-industries

Published content updated . This is separate from the source observation period.

All production and industry data · All data · About the data

GDP: Gross domestic product, the value of goods and services produced within the economy. Constant-price GDP measures output using a fixed price base. Current-price GDP includes price changes. Definition and conventionsGVA: Gross value added, the value of output less the goods and services used to produce it. GDP adds product taxes and subtracts product subsidies from GVA. Definition and conventions