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India’s Core Sector Output Rises 4% in December 2024, Driving Industrial Growth
India’s core sector output grew 4% year-on-year in December 2024, marking a steady expansion in key industries. The rise was primarily driven by strong performances in coal, electricity, steel, and cement production, reflecting increased industrial activity and infrastructure development.
Despite global economic challenges, India’s industrial sector has shown resilience, supported by government initiatives, higher demand, and improved supply chains. Experts believe this growth will contribute positively to GDP expansion in Q4 2024-25, with further momentum expected in early 2025.
The core sector, which accounts for 40% of India’s industrial output, plays a crucial role in shaping overall economic trends. Policymakers are optimistic that sustained investment and infrastructure growth will continue to drive economic stability.
Source: Economic Times
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