India’s eight core infrastructure sectors grew by 4.3% in November 2024, driven by a 13% surge in cement production , the highest in over ...
India’s eight core infrastructure sectors grew by 4.3% in November 2024, driven by a 13% surge in cement production, the highest in over a year.
On a monthly basis, the Index of Core Industries dropped 3.3% from October, with only refinery products and coal showing growth.
October's core sector growth was revised up to 3.7% from 3.1%. However, crude oil and natural gas continued to contract.
Cement, coal, and steel showed growth, while electricity and steel saw a decline compared to October.
Experts predict the Index of Industrial Production (IIP) to grow by 4.5%-7% in November due to festive demand.
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