Indias eight core sectors record 6.8% growth in Nov
The Dollar Business Bureau Eight core sectors of the economy witnessed a growth of 6.8% in the month of November 2017, mainly supported by a strong performance in sectors such as steel, refinery and cement, according to an official data. The combined index of eight core industries stands at 123.9 in November, 2017, which was 6.8% higher as compared to the index of November, 2016,” said a statement by the Ministry of Commerce and Industry. The cumulative growth of these infrastructure sectors was 3.9% during the April-November period the fiscal 2017-18 compared to 5.3% during the same period in the previous fiscal. The eight core industries - coal, refinery products, cement, crude oil, natural gas, fertilisers, electricity and steel - had recorded a growth of 3.2% in ...
Core sector output in 5 industries increases in Oct
The Dollar Business Bureau The core sector output growth surged to a 6.6% in October, which is the highest since April. The combined Index of Eight Core Industries stands at 188.1 in October, 2016, which was 6.6% higher compared to the index of October, 2015. Its cumulative growth during April to October, 2016-17 was 4.9%. Strong performance by 5 industries led by steel, refinery products, fertilizers, cement and electricity surged the growth to 6.6% which is good news for Indian manufacturing. The Eight Core Industries comprise nearly 38% of the weight of items included in the Index of Industrial Production (IIP). Coal Coal production (weight: 4.38 %) declined by 1.6 % in October, 2016 over October, 2015. Its cumulative index during April to October, 2016-17 increased by 0.7 % ...
Core industries production declines in May
The Dollar Business Bureau The production of core industries in India dropped in May, after increasing consecutively for five months, due to decline in output in a few sectors, including cement and steel. Index of Eight Core Industries (ECI), the measure to select factory production, which represents key infrastructure sectors, moved up a little by 2.8 percent in the month of May in the wake of lower output of refinery products and electricity, revealed a data issued by the Ministry of Commerce and Industry. In April 2016, the ECI had surged by 8.5 percent and 4.4 percent in the same month in 2015. The index consists of 38 percent of the overall weightage of products that are included in the Index of Industrial Production (IIP). In ...
Core industries cumulative growth during April-June, 2015-16 was 2.4%
Source: PIB, Government of India The Eight Core Industries comprise nearly 38 % of the weight of items included in the Index of Industrial Production (IIP). The combined Index of Eight Core Industries stands at 171.2 in June, 2015, which was 3.0 % higher compared to the index of June, 2014. Its cumulative growth during April to June, 2015-16 was 2.4 %. Coal - Coal production (weight: 4.38 %) increased by 6.3 % in June, 2015 over June, 2014. Its cumulative index during April to June, 2015-16 increased by 7.3 % over corresponding period of previous year. Crude Oil - Crude Oil production (weight: 5.22 %) declined by 0.7 % in June, 2015 over June, 2014. Its cumulative index during April to June, 2015-16 ...
