Core sector slowdown: Core industries index slips to nine-month low...

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Core sector slowdown: Core industries index slips to nine-month low of 0.7% in May; crude, gas and electricity drag index despite cement, steel gains

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India's core infrastructure sectors experienced a significant slowdown in May 2025, growing by a mere 0.7%, the weakest performance in nine months. This decline was primarily driven by contractions in crude oil, natural gas, fertilizers, and electricity production. The subdued growth rate of 0.8% during April-May FY26 contrasts sharply with the 6.9% expansion observed in the corresponding period last year.

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