India's Core Sector Rebounds to 1.8% in November, Steel & Cement Lead Recovery

• India's core sector grew 1.8% in November 2025, recovering from a contraction in October.
• The rebound was primarily driven by strong growth in cement (14.5%) and steel (6.1%) production.
• Fertiliser production also posted healthy growth, supported by seasonal rural demand.
• Crude oil, natural gas, and electricity generation continued to lag or contract, indicating an uneven recovery.
• Aditi Nayar of Icra noted the growth as 'tepid' at 1.8%, with the Oct-Nov 2025 average at a meagre 0.8%.

Why It Matters: Core sector sees modest 1.8% growth in November, led by steel and cement, but recovery remains uneven.