Eight Core Industries Index Declines 0.4% in March 2026

Ministry of Commerce & Industry reports Eight Core Industries Index declined 0.4% YoY in March 2026, with fertilizers plunging 24.6%.
Cumulative growth for April 2025-March 2026 stood at 2.6%, with steel and cement showing strongest annual performance.
Four of eight sectors recorded negative growth in March: fertilizers (-24.6%), crude oil (-5.7%), coal (-4.0%), and electricity (-0.5%).
The index represents 40.27% weight of Industrial Production Index, with refinery products having highest weight at 28.04%.