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India's eight core sectors saw an annual growth rate of 5.2% in March, with production in cement, coal, electricity, natural gas, steel, and crude oil showing positive growth.
India Business News: NEW DELHI: Growth in the country’s core sector slowed in March as six of the eight sectors remained sluggish and two of them, refinery products and fe.
The Coal Ministry said the index of the coal industry reached 212.1 points during February 2024 as compared to 190.1 points during the same period of last year.
India's eight core sectors saw an annual growth rate of 6.7% in February, according to the Ministry of Commerce & Industry. The growth rate was 7.14% in February 2023, up from 4.1% in January 2024 and 4.9% in December 2023. The coal, natural gas, cement, steel, crude oil, electricity, fertilizers, natural gas, refinery products, and steel sectors all saw positive growth.
Further, the cumulative growth rate of Eight Core Industries during April to February, 2023-24 is 7.7% on a provisional basis as compared to the corresponding period of last year.