India's key infrastructure growth slows to 3.1% in October 2024

03 Jan 2025 CW Team

India’s key infrastructure sectors saw a growth of just 3.1 per cent in October 2024, a sharp decline from the 12.7 per cent recorded in the same month last year, according to official data. On a monthly basis, however, production growth in these sectors was higher than the 2.4 per cent recorded in September 2024.

In October, sectors such as crude oil, natural gas, coal, fertilisers, steel, cement, and electricity saw moderated growth compared to the previous year. Coal production grew by 7.8 per cent, while steel production expanded by just 4.2 per cent.

In contrast, output in refinery products grew by 5.2 per cent. The core sectors, including coal, crude oil, natural gas, refinery products, fertiliser, steel, cement, and electricity, contributed 40.27 per cent to the Index of Industrial Production (IIP), which tracks overall industrial growth.

Between April and October, the growth of core sectors slowed to 4.1 per cent from 8.8 per cent during the same period last year

Infrastructure Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..