India's core industries see 3.1% growth in October, driven by coal and steel increases.

India's core industries, including coal, steel, and cement, saw a 3.1% growth in October, up from 2% in September. The cumulative growth between April and October is 4.1%, compared to the same period last year. Key contributors were a 7.8% increase in coal production and a 4.2% jump in steel production. However, crude oil and natural gas production declined by 4.8% and 1.2%, respectively. The eight core sectors represent 40.27% of the Index of Industrial Production (IIP).

November 29, 2024
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