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India’s Core Sector Industries Record 4.3% Growth in November
The growth rate of the 8 core sector industries, for the first four months of the current financial year (2024-25), now works out to 6.1 per cent compared with 6.6 per cent during the same of the previous year.
E-commerce Platforms Achieve Over ₹1 Lakh Crore in Sales During India's Festive Season
According to industry data, this marks a growth of more than 20 percent compared to last year's festive sales on major e-commerce platforms across the country. Rs 55,000 crore-and this figure has just arrived for the first festive sales week itself that had kicked in on September 26, surpassing more than half of the overall business transacted during this festival.
India Reports Strong Growth in Key Mineral Production in First Half of FY25
"Iron ore accounts for about 70 per cent of the total Mineral Conservation and Development Rules (MCDR) mineral production by value. Production of iron ore was 274 million metric tonnes (MMTs) in FY 2023-24," the data showed.
India's Core Industries Grow by 2% in September, Driven by Coal and Cement
The cumulative growth rate of the Index of Eight Core Industries (ICI) for the April-September period was 4.2 per cent compared to the corresponding period of last year, said the Ministry of Commerce and Industry, adding that the final growth rate of ICI for June stood at 5.0 per cent.
India's Industrial Production Sees 5.9% Growth in May
The growth drivers at the top in the manufacturing sector during May 2024 were "Manufacture of basic metals" at 7.8 percent, "Manufacture of pharmaceuticals, medicinal chemicals and botanical products" at 7.5 percent, with "Manufacture of electrical equipment" throttling past all of these at 14.7 percent, the official statistics indicate.
Explosive Growth Forecasted for Indian Fast Fashion, Projected to Surpass $50 Billion by FY31
Value for money combined with effortless access to the latest trends is a powerful combination that fast fashion in India possesses, changing consumer experiences. While there have been overall economic challenges, fast fashion has proved to be one of the resilient segments within the overall Indian retail landscape, says Kushal Bhatnagar, Associate Partner at Redseer.
May Sees India's Core Industries Grow by 6.3%
Coal production surged noticeably by about 10.2 percent in May, while that of steel increased by 7.6 percent during the same period.
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