India's core sector growth shows resilience, driven by cement, steel, and coal.

 

Growth in eight core industries for November 2024 stands at 4.3% YoY.

Coal production surged by 7.5% in November, with cumulative growth at 6.4%.

 

Crude oil production dropped by 2.1% in November, continuing a downward trend.

 

Natural gas production dipped by 1.9% in November but saw a cumulative increase of 1.1%.

Refinery throughput grew by 2.9% in November, with a cumulative rise of 2.7%.

Fertilizer production increased by 2% in November, with a cumulative gain of 1.6%.

Cement production soared by 13%, while steel grew by 4.8% in November.

Electricity generation rose by 3.8% in November, with a cumulative rise of 5.3%.

With 4.2% cumulative growth during April-November, India's core industries remain on a strong path.