Performance of steel, cement, electricity and coal sectors is satisfactory and reinforces the turnaround of the economic activity in the factory output, it said.
"However, going forward, maintaining such a healthy growth in the coal sector now has become doubtful. The government needs to reallocate coal mines by formulating a robust and future proof policy," Assocham Secretary General D S Rawat said.
The Supreme Court earlier this month quashed allocation of 214 out of 218 coal blocks to various companies from 1993 impacted estimated investment of around Rs 2 lakh crore.
Led by healthy growth in coal, cement and electricity sectors, the eight core industries grew by 5.8 per cent in August this year, as against 4.7 per cent in the same month last year.
Also Read
However, production of crude oil and natural gas declined by 4.9 per cent and 8.3 per cent respectively. Refinery products and fertiliser sectors too recorded negative growth of 4.3 per cent and 4.3 per cent respectively.
During April-August, 2014-15, the eight sectors have grown by 4.4 per cent, against 4.2 per cent in the year-ago period.
The August figures would have positive impact on overall industrial production as the eight core sectors have a combined weight of about 38 per cent in the IIP.