Core sector production rises 4.4% in September
Production of natural gas, refinery products, and cement increased by 27.5%, 6% and 10.8% in September 2021
The output of eight core sectors rose 4.4% in September on account of healthy performance by segments like natural gas, refinery products and cement, official data showed on Friday. The eight infrastructure sectors of coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity had grown by 0.6% in September 2020, as per the data released by the commerce and industry ministry.
Core sectors’ growth stood at 11.5% in August this year.
The eight core industries comprise 40.27% of the weight of items included in the Index of Industrial Production (IIP).
Production of natural gas, refinery products, and cement increased by 27.5%, 6% and 10.8% in September 2021, respectively.
However, crude oil production declined by 1.7% in September year-on-year. The growth rate of these infrastructure industries during April-September 2021-22 stood at 16.6%, as against a contraction of 14.5% in the year-ago period.