Business Other News 01 Dec 2021 Core industries outp ...

Core industries output rises 7.5% in October

DECCAN CHRONICLE.
Published Dec 1, 2021, 10:20 am IST
Updated Dec 1, 2021, 11:01 am IST
The combined index of 8 core industries stood at 136.2 in October 2021, which increased by 7.5% (provisional) as compared to October 2020
The highest growth in October was recorded in natural gas production with a year-on-year increase of  25.8 per cent.  — Representational image/PTI
 The highest growth in October was recorded in natural gas production with a year-on-year increase of 25.8 per cent. — Representational image/PTI

New Delhi: The combined output of India's eight core sectors, which has 40.27 per cent weight in the Index of Industrial Production (IIP), grew 7.5 per cent in October, while the core industries grew by 4.4 per cent in the previous month, the data from the Ministry of Commerce and Industry showed on Tuesday.

As per the data, the combined index of eight core industries stood at 136.2 in October 2021, which increased by 7.5 per cent (provisional) as compared to October 2020.

 

"The production of coal, natural gas, refinery products, fertilisers, steel, cement and electricity industries increased in October 2021 over the corresponding period of last year," it added.

The highest growth in October was recorded in natural gas production with a year-on-year increase of  25.8 per cent. Its cumulative index increased by 22.6 per cent during April-October 2021 over the corresponding period of previous year.

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