Eight core sectors witness 6.8 percent growth in November
New Delhi, Jan 1 (IBNS): In a positive development, India's eight core sectors moved up by 6.8 per cent in November 2017, government data released on Monday said.
The Eight Core Industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP). The combined Index of Eight Core Industries stands at 123.9 in November, 2017, which was 6.8 per cent higher as compared to the index of November, 2016. Its cumulative growth during April to November, 2017-18 was 3.9 per cent.
Coal
Coal production (weight: 10.33 per cent) declined by 0.2 per cent in November, 2017 over November, 2016. Its cumulative index increased by 1.5 per cent during April to November, 2017-18 over corresponding period of the previous year.
Crude Oil
Crude Oil production (weight: 8.98 per cent) increased by 0.2 per cent in November, 2017 over November, 2016. Its cumulative index declined by 0.2 per cent during April to November, 2017-18 over the corresponding period of previous year.
Natural Gas
The Natural Gas production (weight: 6.88 per cent) increased by 2.4 per cent in November, 2017 over November, 2016. Its cumulative index increased by 4.4 per cent during April to November, 2017-18 over the corresponding period of previous year.
Refinery Products
Petroleum Refinery production (weight: 28.04 per cent) increased by 8.2 per cent in November, 2017 over November, 2016. Its cumulative index increased by 3.6 per cent during April to November, 2017-18 over the corresponding period of previous year.
Fertilizers
Fertilizer production (weight: 2.63 per cent) increased by 0.3 per cent in November, 2017 over November, 2016. Its cumulative index declined by 1.1 per cent during April to November, 2017-18 over the corresponding period of previous year.
Steel
Steel production (weight: 17.92 per cent) increased by 16.6 per cent in November, 2017 over November, 2016. Its cumulative index increased by 7.2 per cent during April to November, 2017-18 over the corresponding period of previous year.
Cement
Cement production (weight: 5.37 per cent) increased by 17.3 per cent in November, 2017 over November, 2016. Its cumulative index increased by 0.6 per cent during April to November, 2017-18 over the corresponding period of previous year.
Electricity
Electricity generation (weight: 19.85 per cent) increased by 1.9 per cent in November, 2017 over November, 2016. Its cumulative index increased by 4.9 per cent during April to November, 2017-18 over the corresponding period of previous year.
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