Core industrial growth hits historic high of 7.9% in September 2026
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓India's core industrial growth hit a historic high of 7.9% in September 2026.
- ✓This growth, the highest since April 2024, got a boost from coal, refinery products, and iron ore.
- ✓Aditi Nayar said, "Coal and iron ore output witnessed a meaningful pickup in their year-on-year growth rates in September 2026."
Story at a Glance
- Category
- MARKET
- Reported By
- The Hindu
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
This is the highest growth rate recorded by the Index of Core Industries since the new data series began in April 2024; growth driven by 13-month high in coal, robust growth in refinery products, iron ore
India's core industrial growth accelerated to a historic high of 7.9% in September 2026, driven by a turnaround in the coal sector and increased activity in the refinery products and iron ore sectors.
The latest data on the Index of Core Industries shows that last month's growth was the highest since at least April 2024, which is the earliest month for which the new series has data.
Even though a comparison with the old series is not strictly statistically sound, it does provide some context for the current rate of growth. The growth in September 2026 was the highest in nearly three years when compared to the old series.
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The Hindu
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