Record growth, rising risks: What’s really driving India’s core industries? | The Hindu Editorial
India’s core industrial sectors posted a 7.9% growth rate in September, the highest on record, propelled by coal, electricity, steel and refinery output. Analysts note the surge may be temporary, linked to heat‑wave driven power demand and increased refining from imported oil. Rising global crude prices, currency pressures and heavy infrastructure spending raise doubts about the durability of this momentum.