India Development News & Foreign Investment Opportunities

Growth of 8 core sectors slows to 2.6%

Coal production up 2.8%

0

Coal production up 2.8%

 

ONGC.

 

Growth of India’s eight core sectors has slowed to 2.6% in April 2019 compared to 4.7% a month ago, government data showed on 31 May 2019.

The Eight Core Industries comprise 40.27% of the weight of items included in the Index of Industrial Production (IIP).

The combined Index of Eight Core Industries stood at 127.5 in April 2019, which was 2.6% higher as compared to the index of April 2018. Its cumulative growth during April to March 2018-19 was 4.3%.

Coal production increased by 2.8% in April. Its cumulative index increased by 7.4% during April to March 2018-19 over corresponding period of the previous year.

Petroleum Refinery production increased by 4.3% in April. Its cumulative index increased by 3.1% during April to March 2018-19 over the corresponding period of previous year.

Steel production increased by 1.5% in April. Its cumulative index increased by 4.7% during April to March 2018-19 over the corresponding period of previous year.

Cement production increased by 0.8% in April. Its cumulative index increased by 13.3% during April to March 2018-19 over the corresponding period of previous year.

Electricity generation increased by 5.8% in April. Its cumulative index increased by 5.2% during April to March 2018-19 over the corresponding period of previous year.

Crude Oil production declined by 6.9% in April. Its cumulative index declined by 4.1% during April to March 2018-19 over the corresponding period of previous year.

The Natural Gas production declined by 0.8% in April. Its cumulative index increased by 0.8% during April to March 2018-19 over the corresponding period of previous year.

Fertilizers production declined by 4.4% in April. Its cumulative index increased by 0.3% during April to March 2018-19 over the corresponding period of previous year. fiinews.com

Leave A Reply

Your email address will not be published.