Coal, fertilizers, electricity production growth drives overall growth in eight core infrastructure sector
The output of Eight Core Industries comprising nearly 38% of the weight of items included in the Index of Industrial Production (IIP) rose 2.8% in May 2016 over May 2015. Its cumulative growth 5.5% in April-May 2016.Coal production increased by 5.5% in May 2016 over May 2015. Its cumulative index during increased by 2.3% in April-May 2016.
Crude Oil production declined 3.3% in May 2016, while slipped 2.8% in April-May 2016. The Natural Gas production also fell 6.9% in May 2016 and 6.9% in April-May 2016.
Petroleum Refinery production rose 1.2% in May 2016, while jumped 9.0% in April-May 2016. Fertilizer production zoomed 14.8% in May 2016, while galloped 11.6% in April-May 2016.
Steel production increased by 3.2% in May 2016, while increased by 4.6% in April-May 2016.
Cement production moved up 2.4% in May 2016, while increased 3.4% in April-May 2016. Electricity generation gained 4.6% in May 2016, while increased 9.4% in April-May 2016.
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