Tap here to read this content in Hindi.
- India’s core sector output increased to a 14-month high of 12.1% in August, up from 8.4% the previous month, showing increased economic activity.
- “All in all, the data indicates that the recovery in the infrastructure industries is getting broad-based, which is a good sign for the economy,” said Ind-Ra economists Paras Jasrai and Sunil Kumar Sinha.
- According to economists, the index of eight essential industries, which accounts for 40% of the index of industrial production, would likely translate into outstanding IIP growth in August.
