Key Points
New Delhi: India's eight core infrastructure sectors clocked 6.7% growth in February, a three-month high, up from 4.1% in January, showed official data released on Thursday...
The core sectors, comprising coal, crude oil, steel, cement, electricity, fertilisers, refinery products and natural gas, had grown 7.4% in February 2023...
Except fertiliser, the output of all other industries increased in February, according to data released by the commerce and industry ministry..
"There has been all-round performance across the eight sectors, barring fertilisers, which can be explained by high base effect as well as the fact that this is the period of harvest where there is less demand for the products," said Madan Sabnavis, chief economist, Bank of Baroda...
"On a positive note, three of the eight core industries displayed a double-digit expansion in February, namely, coal, cement and natural gas," said Aditi Nayar, chief economist, ICRA Ltd...
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