Record growth, rising risks: What’s really driving India’s core industries? | The Hindu Editorial
India’s core industrial sectors recorded a series-high growth rate of 7.9% in September, driven by strong performances in coal, electricity, steel and refinery products. While the data points to a welcome industrial uptick, concerns remain about how sustainable the momentum will be. Much of the growth appears linked t…
Account subscription benefits alongside Premium Stories, Editorials, Opinions and more.
Unlock these with Subscription
The View From India Looking at World Affairs from the Indian perspective.
First Day First Show News and reviews from the world of cinema and streaming.
Today's Cache Your download of the top 5 technology stories of the day.
Science For All The weekly newsletter from science writers takes the jargon out of science and puts the fun in!
Data Point Decoding the headlines with facts, figures, and numbers
THEdge At the cutting edge of education and careers
Health Matters Ramya Kannan writes to you on getting to good health, and staying there
Gender Agenda Stories from beyond the binary.
The Hindu On Books Books of the week, reviews, excerpts, new titles and features.
India’s core industrial sectors recorded a series-high growth rate of 7.9% in September, driven by strong performances in coal, electricity, steel and refinery products.
While the data points to a welcome industrial uptick, concerns remain about how sustainable the momentum will be.
Much of the growth appears linked to temporary factors such as increased power demand during the heat wave and higher refining activity driven by imported oil.
With global crude prices rising, foreign exchange pressures mounting and infrastructure spending continuing to shoulder much of the growth burden, economists are questioning whether the current surge can be sustained in the coming months.
Terms & conditions | Institutional Subscriber
Comments have to be in English, and in full sentences.
They cannot be abusive or personal.
Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform.
If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles.
If you do not have an account please register and login to post comments.
Users can access their older comments by logging into their accounts on Vuukle.
Full detailed coverage is shown on the council website above. Source attribution: The Hindu – Business.
Back to all council news
