Whalesbook
India's eight core industries posted zero growth in October 2025, a significant decline from 3.3% in September and the weakest performance in 14 months. Data from the Ministry of Commerce indicates that this stagnation is primarily driven by steep drops in coal production (-8.5%) and electricity generation (-7.6%). While some sectors like refinery products and fertilisers showed improvements, the overall flat reading signals a broad industrial slowdown across the economy.