Eight core industries output up 7.5% in October

Eight core industries output up 7.5% in October

AgenciesUpdated: Tuesday, November 30, 2021, 08:48 PM IST
article-image
The production of eight infrastructure sectors of coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity had contracted by 0.5 per cent in October 2020/ Representational image | Photo credit: Kateryna Babaieva

The output of eight core sectors rose by 7.5 per cent in October on healthy performance by coal, natural gas, refinery products and cement segments, official data released on Tuesday showed.

The production of eight infrastructure sectors of coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity had contracted by 0.5 per cent in October 2020, according to the data released by the commerce and industry ministry.

Core sectors' growth stood at 4.5 per cent in September this year.

The eight core industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP).

During April-October this fiscal, the sectors' output rose by 15.1 per cent as compared to a contraction of 12.6 per cent in the same period of the previous year.

RECENT STORIES

Union Budget 2026–27 Boosts Real Estate With ₹12.2 Lakh Cr Infra Push: Industry Leaders
Union Budget 2026–27 Boosts Real Estate With ₹12.2 Lakh Cr Infra Push: Industry Leaders
'Gaon Gaon Ka Khush Ho Jayega Bachaa': Union Minister Ramdas Athawale's Poetic Reaction To Budget...
'Gaon Gaon Ka Khush Ho Jayega Bachaa': Union Minister Ramdas Athawale's Poetic Reaction To Budget...
Union Budget 2026: ‘Adding Salt To Maharashtra’s Wounds,' Says Congress Leader Vijay Wadettiwar...
Union Budget 2026: ‘Adding Salt To Maharashtra’s Wounds,' Says Congress Leader Vijay Wadettiwar...
Union Budget 2026: Biopharma SHAKTI And Education Reforms Signal Shift Towards Innovation-Led Growth
Union Budget 2026: Biopharma SHAKTI And Education Reforms Signal Shift Towards Innovation-Led Growth
‘All-Inclusive & Comprehensive’: Union Health Minister JP Nadda Hails Budget 2026 - VIDEO
‘All-Inclusive & Comprehensive’: Union Health Minister JP Nadda Hails Budget 2026 - VIDEO