The combined Index of Eight Core Sector Industries measures the output of key sectors that include cement, coal, crude oil, electricity, fertilisers, natural gas, refinery products and steel which together have a 40 per cent weight in the Index of Industrial Production.
The core sector growth posted a figure of 7.8 per cent in November 2023, which was later revised to 7.9 percent by the commerce ministry on January 31.
The growth in the production of natural gas, steel, cement and electricity slowed down to 7.6 per cent, 3.7 per cent, 8.8 per cent and 4.9 per cent during the month
Production of cement (- 7.7 per cent), steel (- 1.6 per cent), and electricity (- 12.4 per cent) also declined during the month. The only sector that posted growth in October was fertilizers where production increased by 11.8 per cent year-on-year.
The eight core sectors had expanded by 4.3 per cent in September 2018. Production of seven sectors of coal, crude oil, natural gas, refinery products, cement, steel, and electricity contracted in September.
New Delhi: Reflecting pick up in industrial activity, the core sector industries recorded 8 percent growth in September, highest in the past 11 months.The eight infrastructure industries grew mainly due to expansion in crude oil,
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