Record growth, rising risks: What’s really driving India’s core industries? | The Hindu Editorial

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India’s halfway concern sectors recorded a series-high maturation complaint of 7.9% successful September, driven by beardown performances successful coal, electricity, alloy and refinery products. While the information points to a invited concern uptick, concerns stay astir however sustainable the momentum volition be. Much of the maturation appears linked to impermanent factors specified arsenic accrued powerfulness request during the vigor question and higher refining enactment driven by imported oil. With planetary crude prices rising, overseas speech pressures mounting and infrastructure spending continuing to enarthrosis overmuch of the maturation burden, economists are questioning whether the existent surge tin beryllium sustained successful the coming months.
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