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What is a Core Sector Growth?

Core Sector Growth

About Core Sector Growth

What is a Core Sector Growth?

The main or the key industries constitute the core sectors of an economy. In India, there are eight sectors that are considered the core sectors. The eight-core sectors of the Indian economy are electricity, steel, refinery products, crude oil, coal, cement, natural gas and fertilizers.
 
These sectors have a major impact on the Indian economy and significantly affect most other industries as well. The eight industries have a combined share of 40.27 per cent in the Index of Industrial Production (IIP), which gives the growth rates of different industry groups in a specified period.
Before the IIP is released, the Index of
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Latest Updates on Core Sector Growth

Core sector growth at 3-month high, but remains subdued at 3.1% in Oct

On the other hand, the output of crude oil (-4.8 per cent) and natural gas (-1.2 per cent) contracted during the month

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Updated On : 29 Nov 2024 | 11:27 PM IST

Q2FY25 corporate earnings split sectors between strong growth and slowdowns

Four of the 10 largest sectors - oil & gas, automotive, power, and FMCG - saw year-on-year profit declines, while six sectors posted double-digit earnings growth

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Updated On : 20 Nov 2024 | 11:56 PM IST

Core sector grows 2% in September; refinery and cement lead gains

For the first time in 42 months, the output of the core sector has contracted (-1.6 per cent) during August.

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Updated On : 30 Oct 2024 | 11:18 PM IST

Key infra sectors' growth slows down to 6.1% in July, shows govt data

The eight core sectors contribute 40.27 per cent to the Index of Industrial Production (IIP) which measures overall industrial growth

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Updated On : 30 Aug 2024 | 5:09 PM IST

At 4%, India's core sector growth slowest in 20 months: Govt data

Slowdown reflects a high base and reduced electricity demand, down from 6.4% in May and 8.4% last year

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Updated On : 31 Jul 2024 | 11:54 PM IST

India's core sector growth rises to 6.7% in February, up from 4.1% in Jan

Core industries contributing to this growth, include coal, natural gas, cement, steel, crude oil, electricity, and refinery products which make up 40.27% of India IIP

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Updated On : 28 Mar 2024 | 6:20 PM IST

Core sector growth hits 15-month low of 3.6% in January: Govt data

Coal output grew by 10.2 per cent, the only sector to retain a double-digit growth in January, compared to 10.7 per cent previously

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Updated On : 01 Mar 2024 | 12:10 AM IST

Core sector growth hits 14-month low of 3.8% in Dec due to high base

Only fertilisers and cement sectors see acceleration in output

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Updated On : 01 Feb 2024 | 12:01 AM IST

Coal sector up 10.9% among core industries in Nov on domestic output boost

The data indicates that the combined index of eight core industries showed an increase of 7.8 per cent (provisional) in November 2023, the government said

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Updated On : 02 Jan 2024 | 5:45 PM IST

Core sector output growth slowed to a six-month low of 7.8% in Nov

Madan Sabnavis, chief economist at Bank of Baroda, said core sector growth in November showed steady growth and the slight moderation had been due to base effects

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Updated On : 29 Dec 2023 | 11:25 PM IST

Eight core industries growth up at 7.8% in November vs 5.7% year-ago

All sectors except crude oil and cement recorded healthy production growth in the month under review

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Updated On : 29 Dec 2023 | 5:51 PM IST

India's core sector output touches 14-month high of 12.1% in August

In August last year, the core sector had grown by 4.2 per cent

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Updated On : 29 Sep 2023 | 11:09 PM IST

India's core sector output slowed to 8% in July 2023, shows govt data

Crude oil production saw positive growth (2.1%) for the first time in 14 months since May 2022

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Updated On : 31 Aug 2023 | 11:27 PM IST

Core sector output in May expands at 4.3% amid a high base effect

Madan Sabnavis, chief economist at Bank of Baroda, said the continued traction in cement and steel could be attributed to government spending

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Updated On : 30 Jun 2023 | 9:13 PM IST

Core sector output growth slows to six-month low of 3.5% in April

The growth rate of the index of eight core industries (ICI) during 2022-23 was 7.7% (provisional), the ministry said in a release

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Updated On : 31 May 2023 | 8:10 PM IST

Core sector output growth slows to 20-month low of 0.1% in October

Output accelerated by only 0.1% in October; 4 of 8 core industries reported production contraction

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Updated On : 30 Nov 2022 | 7:54 PM IST

Growth of core sector output recovers to 3-month high in September

The Reserve Bank of India last month also revised its growth forecast for FY23 to 7 per cent from 7.2 per cent estimated earlier

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Updated On : 31 Oct 2022 | 11:38 PM IST

India's core sector output growth slips to nine-month low in August

The Reserve Bank of India (RBI) on Friday pared its growth forecast for FY23 to 7 per cent from 7.2 per cent estimated earlier

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Updated On : 30 Sep 2022 | 11:19 PM IST

India's core sector output growth slows to six-month low of 4.5% in July

The growth in these eight sectors witnessed double digits growth in May and June at 19.3% and 13.2%, respectively

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Updated On : 01 Sep 2022 | 12:43 AM IST

India's core sector maintains double-digit growth at 12.7% in June

8 infra sectors grew 12.7% YoY in June; there was a contraction MoM

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Updated On : 29 Jul 2022 | 10:57 PM IST