Core sector growth in India reached a three-month high of 6.7% in February, led by coal, natural gas, and cement.

Core sector growth in India reached a three-month high of 6.7% in February, driven by double-digit expansion in coal, natural gas, and cement. The eight core industries, which contribute 40.27% to the country's Index of Industrial Production, showed a combined growth of 6.7% compared to the same month in 2023. This marks a reversal of the previous three months' trends, where growth rates were 4.1%, 4.9%, and 7.9%. Fertiliser production, however, contracted for the second consecutive month, with a 9.5% decline in February.

March 28, 2024
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