India’s core sector industrial production grows 3.8% in December

Core sector industrial production in India increased at a slower pace of 3.8 per cent in December 2023 against a robust 7.8 per cent in November, provisional figures released by the Central Statistics Office (CSO) showed. The combined index of the eight core sector industries comprising coal, electricity, fertilisers, natural gas, refinery products and steel, having a weight of 40.27 per cent in the index of industrial production (IIP), recorded an 8.1 per cent increase in April-December 2023.