Eight core industries’ output up by 0.1% in January
The output of eight core infrastructure sectors grew marginally by 0.1 per cent in January, primarily resulting from development within the manufacturing of fertiliser, metal and electrical energy.
The core sectors had expanded by 2.2 per cent in January 2020, in line with the provisional information launched by the Commerce and Industry Ministry on Friday.
Coal, crude oil, pure gasoline, refinery merchandise, and cement recorded adverse development in January. However, the output of fertiliser, metal and electrical energy in January grew by 2.7 per cent, 2.6 per cent and 5.1 per cent, respectively.
During April-January 2020-21, the sectors’ output declined by 8.8 per cent in opposition to a development price of 0.8 per cent in the identical interval of the earlier 12 months.
The eight core industries represent 40.27 per cent of the Index of Industrial Production.