Core sector grows by 5.8% in February

India’s core sector growth grew by 5.8% in February, data released by the commerce and industry ministry showed Thursday.

The output of eight infrastructure sectors had registered a growth of 4.0% year-on-year in January 2022 while in February 2021, it had contracted by 3.3%

Core sectorET Online

The cumulative growth rate of the Index of Eight Core Industries (ICI) between April & February 2021-22 stood at 11.0% (provisional) as compared to the corresponding period of last fiscal, data showed.

The core sector makes up 40% of the Index of Industrial Production (IIP), making it a lead indicator of industrial activity.

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