Core sector growth flat in Oct, weakest in 14 months

FERTILISER SECTOR SEES MAXIMUM GROWTH OF 7.4%

- FE BUREAU

THE INFRASTRUCTURE SECTORS' growth remained flat in October as four of the eight components of the Index of Eight Core Industries (ICI) contracted during the month.

It was the most dismal performance of the index in 14 months.

The output of coal, crude oil, natural gas and refinery products fell while fertilisers, steel, cement and electricity witnessed expansion in production. For September, the growth in ICI has been revised to 3.3% from 3.0% reported earlier. In October 2024, the ICI had expanded 3.8%.