Growth of Key Infrastructure Sectors Slows to 4.3% in November

03 Jan 2025 CW Team

The growth rate of eight key infrastructure sectors slowed to 4.3% in November 2024, compared to 7.9% in the same month last year, according to official data released. On a monthly basis, however, production growth in these sectors reached a four-month high. In October 2024, output in the sectors expanded by 3.7%. November saw a contraction in the production of crude oil and natural gas. The growth in coal, refinery products, fertiliser, steel, and electricity also moderated to 7.5%, 2.9%, 2%, 4.8%, and 3.8%, respectively, compared to last year’s growth rates of 10.9%, 12.4%, 3.3%, 9.7%, and 5.8%. On a positive note, cement production increased by 13% in November. For the period between April and November of the current fiscal year, the growth in core sectors stood at 4.2%, down from 8.7% during the same period last year. These eight core sectors contribute 40.27% to the Index of Industrial Production (IIP), which gauges overall industrial performance. Aditi Nayar, Chief Economist at ICRA Ltd, noted that the sequential increase in core sector performance was largely driven by a sharp rise in cement output, influenced by a low base. She also expects the IIP to grow by 5-7% in November 2024, partly due to the uptick in core sector growth. (ET)

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..