Bhubaneswar, Feb 21: The latest data released by the Ministry of Commerce and Industry (MC&I), has shown that eight core sectors of India have reportedly recorded a ‘cumulative growth of 4 per cent’ in January of 2026.’
The MC&I data stated that the growth has been an outcome of “surge in steel and cement output.” The data also shows that the cement output ‘rose significantly by 10.7% year-on-year’ and attributed to an increase in construction activities.
Similarly, the steel production ‘rose by 9.9%’ in January 2026, while the coal sector registered an ‘up of 3.1%’. As far as the fertilizer output is concerned, it has ‘jumped by 3.7%’ in January 2026. Similarly, power generation clocked a ‘growth of 3.8% year-on-year.’
On the contrary, the output of petroleum refinery products registered ‘1% decline’ despite being important among the eight core Indian industries. Similar was the fate of natural gas production as it reportedly ‘continued to slip with a decline of 5% recorded after a 4.1% plunge in January.’
Similarly, the production of crude oil has witnessed a ‘decline by 5.8%.’ Pertinent to note that, the production of crude oil had registered a ‘3.2% dip’ in December 2025.
Also Read: Swiss Pharma Firm Novartis AG Sells India Wing’s 70.68% Equity To Consortium

