Archive · 20 Jun 2025
India's Core Sector Growth Slows to 0.7% in May
Imagine India has a few important industries, like making electricity and steel.
In May, these industries didn't grow as much as before.
The growth was only 0.7%, which is the slowest in almost a year.
Some parts, like making electricity, actually decreased.
But, making steel grew quite a bit.
Overall, the growth in these industries is slower than last year.
India's core sector growth slowed to 0.7% in May 2025, the lowest in nine months.
The eight core sectors include coal, crude oil, natural gas, refinery products, fertilizers, steel, cement, and electricity.
Electricity generation fell 5.8% and fertilizer output decreased 5.9% in May.
Steel production increased 6.7% year-on-year.
During April-May, the eight sectors expanded by 0.8% compared to 6.9% in the same period last fiscal year.
- Who
- The eight core industries including coal, crude oil, natural gas, refinery products, fertilizers, steel, cement and electricity
- What
- India's core sector growth slowed to 0.7% in May 2025.
- When
- May 2025
- Where
- India
- Why
- The subdued performance was largely due to a sharp contraction in electricity generation, and continued weakness in fertiliser and natural gas output.
Decline Drivers
Growth Sectors
Sectoral Performance
Decline Drivers
Weakness in core sector performance.
Growth Sectors
Positive growth in certain sectors.
- Growth Rate (May 2025)
- 0.7%
- Previous Low
- August 2024 (-1.5%)
- Sectors Included
- Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement, Electricity
- Electricity Generation Decline
- 5.8%
- Steel Production Increase
- 6.7%
Sources
Decline in headline inflation; CPI eases to 2.8%, but core inflation edging up: CRISIL - Telegraph India
India's Core Industries Output Rises 0.7% Year-On-Year in May; Details Here
India’s core sector growth drops to a nine-month low of 0.7 per cent in May
Eight core sectors’ growth slows down to 0.7 pc in May