India must adopt a pro-active position in the Saudi-Houthi conflict
Recent data on core industrial sectors indicates a mixed economic performance, showing a series-high growth of 7.9% in September 2026, driven largely by coal, steel, and electricity. However, the simultaneous contraction in crude oil and natural gas sectors highlights ongoing vulnerabilities in energy supply, pricing, and investment. Experts stress the need for a balanced approach to address weaknesses in core oil and natural gas sectors, while ensuring sustainable growth. The developments underscore the critical importance of core industries for employment, industrial growth, and overall GDP momentum in India's broader macroeconomic framework.
Key Points
- The Index of Core Industries rose to a series-high of 7.9% in September 2026.
- Coal, steel, and electricity sectors recorded strong growth, led by double-digit rises in power generation.
- Crude oil and natural gas sectors contracted in both output and value, reflecting supply and pricing challenges.
- The mixed economic performance across core sectors requires a cautious and sustained policy approach.
Exam Facts
- Coal sector growth in September: 10.7%
- Steel sector growth in September: 11.4%
- Electricity sector growth in September: 11.4%
- Reference month for core industry data: September 2026
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