India’s Core Sector Output Rises 3% in September, Led by Steel and Cement

India’s infrastructure output, as measured by the combined Index of Eight Core Industries (ICI), has increased by 3 per cent in September this year compared to the same period year ago. The final growth rate for August this year was revised upward at 6.5 per cent. Four of India’s core sectors including of steel, cement, electricity and fertilizers recorded positive growth during the last month, according to the provisional data released by the Ministry of Commerce and Industry today. Steel ...