Analysis
Cement Is Booming, Coal Isn’t: What India’s Core Industries Data Just Revealed
India’s Index of Core Industries grew 4.8% in August 2026, a touch below July’s 5.0%. Behind that headline: cement, electricity and steel are booming on the capex cycle, while coal, natural gas, crude oil and fertilizers are shrinking — plus, does India even produce its own crude oil?
Jestin James
Principal Officer And Analyst
3 weeks ago
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