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Core sector growth hits 4-mth high of 4.3% in Nov
Hindustan Times Navi Mumbai
|January 01, 2025
India's infrastructure output, which accounts for about two-fifths of industrial production, jumped to a four-month high in November, driven by a rise in six of the eight core constituent sectors during the month.
NEW DELHI:
The index of the eight core industries rose an annual 4.3% in November, up from 3.7% in October, according to provisional data released by the Ministry of Commerce and Industry on Tuesday. It had expanded by 2.4% in September and contracted by 1.5% in August.
A year ago, the output of the eight core industries—coal, crude oil, steel, cement, electricity, fertilisers, refinery products and natural gas—had expanded by 7.9% year-on-year. The provisional data for September, October and November could be revised next month.
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