For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

India’s Eight Core Industries Grew At 2.2% In January

|

The combined index of Eight Core Industries stood at 137.5 in January, 2.2 percent higher than the same month a year ago, according to data released by the Ministry of Commerce on Friday. The cumulative growth for the financial year from April 2019 to January 2020 was at 0.6 percent.

The Eight Core Industries make for 40.27 percent of the weight of items included in the Index of Industrial Production (IIP), one of the many indicators of GDP (gross domestic product) growth in India.

India’s Eight Core Industries Grew At 2.2% In January
 

Coal

Coal production increased by 8 percent from January 2019. Its cumulative index fell by 2.4 percent from April 2019 to January 2020 when compared to the corresponding period of the previous year.

Crude oil

Crude oil production declined by 5.3 percent from January 2019. Its cumulative index fell by 6 percent from April 2019 to January 2020 when compared to the corresponding period of the previous year.

Natural Gas

The Natural Gas production declined by 9.1 percent from January 2019. Its cumulative index fell by 4.3 percent from April 2019 to January 2020 when compared to the corresponding period of the previous year.

Refinery Products

Petroleum Refinery production rose by 1.9 percent from January 2019. Its cumulative index fell by 0.4 percent from April 2019 to January 2020 when compared to the corresponding period of previous year.

Fertilizers

Fertilizers production declined by 0.1 percent from January 2019. Its cumulative index rose by 4.2 percent from April 2019 to January 2020 when compared to the corresponding period of the previous year.

Steel

Steel production increased by 2.2 percent from January 2019. Its cumulative index rose by 5.3 percent from April 2019 to January 2020 when compared to the corresponding period of the previous year.

Cement

Cement production rose by 5 percent from January 2019. Its cumulative index rose by 1.1 percent from April 2019 to January 2020 when compared to the corresponding period of the previous year.

Electricity

Electricity generation increased by 2.8 percent from January 2019. Its cumulative index rose by 0.9 percent from April 2019 to January 2020 when compared to the corresponding period of the previous year.

Read more about: iip economy
Story first published: Friday, February 28, 2020, 17:30 [IST]
Company Search
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more