Don’t miss the latest developments in business and finance.

Output of eight core industries rises to 4.9% in August

It had risen by 3.1% in the corresponding month of the previous year

Coal mines, Coal
Coal mine
Agencies New Delhi
Last Updated : Oct 03 2017 | 5:41 PM IST

The output of India's eight major industries expanded exponentially in August by 4.9 per cent from a rise of 2.6 per cent during the previous month, official data showed on Tuesday.

The Index of Eight Core Industries (ECI), representing the output of major industrial sectors like coal, steel, cement and electricity, had risen by 3.1 per cent in the corresponding month of the previous year.

Eight infrastructure sectors include coal, crude oil, natural gas, refinery products, electricity, steel, cement, and fertiliser, accounting for about 40 per cent weight in index of industrial production.

Electricity production grew 10.3 per cent in August from a year ago, while coal output grew 15.3 per cent.

 

Also Read

First Published: Oct 03 2017 | 5:41 PM IST

Next Story