India's Core Industry Index Records 3.6% Growth in January 2024

07 Mar 2024 CW Team

India's core industry index has witnessed a notable upswing in January 2024, registering a robust 3.6% growth. The driving forces behind this positive trajectory are the pivotal sectors of coal, electricity, and crude oil, signaling resilience and expansion in the country's core industries.

The surge in the core industry index attests to the continued significance of foundational sectors in India's economic landscape. Coal, a cornerstone of energy production, along with the power sector, particularly electricity generation, and the crucial crude oil industry, collectively contribute to the noteworthy growth observed in January 2024.

This positive momentum reflects the adaptability and strength of India's core industries, which serve as the backbone of the nation's economic activities. The growth in these key sectors not only contributes to industrial output but also has ripple effects on related industries, fostering a comprehensive and interconnected economic ecosystem.

As India's core industry index demonstrates upward mobility, it underscores the importance of sustained development and investment in foundational sectors. The positive performance in January sets an optimistic tone for the industrial landscape, indicating resilience and potential for further growth in the nation's key economic pillars.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..