Cement, coal, electricity prop up core sector output in November
02 Jan 2023
Barring natural gas and crude oil, all sectors recorded growth in November. The core sector index in November, however, remained little changed at 139 compared to October
Production of eight infrastructure
sectors expanded by 5.4% in November 2022 against a 3.2% expansion in the same
month last year on better performance by cement, coal, electricity, steel and
fertilizers, according to the official data released on Friday.
Barring natural gas and crude oil,
all sectors recorded growth in November. The core sector index in November,
however, remained little changed at 139 compared to October. The eight core
industries hold 40.27 per cent weight in the Index of Industrial Production
(IIP).