New Delhi: The growth in production of 8 key infrastructure sectors slowed down to 2 per cent in September as against 9.5 per cent in the same month last year, according to official data released on Wednesday. However, the output growth is positive against a contraction of 1.6 per cent in August
Index of Eight Core Industries (BASE: 2011-12=100) for September, 2024
The combined Index of Eight Core Industries (ICI) increased by 2.0per cent (provisional) in September, 2024 as compared to the Index in September, 2023.
The production of Cement, Refinery Products, Coal,…
— PIB India (@PIB_India) October 30, 2024
Out of the eight key sectors, three — crude oil, natural gas and electricity — recorded negative growth in September. The growth of core sectors — coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity — was 4.2 per cent during April-September this fiscal. It was 8.2 per cent in the same period last fiscal.
The eight core sectors contribute 40.27 per cent to the Index of Industrial Production (IIP) which measures overall industrial growth.
India’s core sector output expanded by 2 per cent in September 20204, compared to a 1.6 per cent contraction witnessed in August 2024. Core sector data tracks 8 key infrastructure sectors. Economy Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
