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 Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..