Eight core sectors’ output records growth of 3.1 % in Nov

07 Jan 2022 CW Team

According to the data released by the government, the total output of the eight core industrial sectors increased by 3.1 % in the month of November. The rate is by far the lowest since February last year.

Positive growth has been recorded in November 2021 by all the other sectors excluding crude oil and cement.

The same eight core sectors had a growth rate of 8.4 % in October 2021. The growth rate of the eight sectors in February last year was 3.3%.

The eight infrastructure sectors which include crude oil, refinery products, natural gas, coal, fertilisers, cement, steel, and electricity had a growth rate of 13.7% in the April-November period of 2021, which was better than the growth rate of 11.1% during the same period in 2020.

Data shows that in November, the production of coal increased by 8.2 % and natural gas by 23.7 %. Refinery products saw an increase of 4.3 % and fertilisers of 2.5 %. Steel and electricity also rose by 0.8 % and 1.5 % respectively.

Among the items considered while calculating the Index of Industrial Production (IIP), 40.27% weightage is from the above mentioned eight core sectors.

Image Source

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..