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Core sector output growth recovers to 4.3% in November 2024

Growth in the output of India’s eight key infrastructure industries, collectively known as the core sector, rose to 4.3% year-on-year (Y-o-Y) in November, marking a four-month high from the revised figure of 3.7% in October. This recovery follows a contraction of -1.6% in August, the first in 42 months. In November 2023, growth was recorded at 7.9%. According to the data released by the Ministry of Commerce and Industry, the recovery in November was primarily…