Core sector growth recovers to 3-month high of 4.8% in October

Cement production remains biggest growth puller even as three sectors remain in the negative zone

Growth in the eight core sectors of the economy recovered to a three-month high of 4.8 per cent in October, up from a revised 4.3 per cent in September.

A sustained rise in the cement production along with growth in electricity output managed to boost the core sectors despite three out of eight of the core sectors showing contraction.

Contributing 40 per cent to the total industrial production, output of the core sectors has increasingly focused on cement production, led by rising construction activity across the country. 

Data released by the commerce and industry ministry on Friday showed that eight