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Cumulative growth of 8 crore industries at 5.4% during April to Oct 2018

Updated: Dec 01, 2018 07:34:20am
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Cumulative growth of 8 crore industries at 5.4% during April to Oct 2018

New Delhi, Dec 1 (KNN) The combined index of eight core industries stood at 134.8 in October, 2018, which was 4.8 per cent higher as compared to the index of October, 2017, as per data released by Ministry of Commerce.

The Eight Core Industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP). 

Its cumulative growth during April to October, 2018-19 was 5.4 per cent.

Steel production increased by 2.2 per cent in October, 2018 over October, 2017. Its cumulative index increased by 3.3 per cent during April to October, 2018-19 over the corresponding period of previous year.

According to the data released, electricity generation increased by 11.4 per cent in October, 2018 over October, 2017. Its cumulative index increased by 6.9 per cent during April to October, 2018-19 over the corresponding period of previous year.

On the other hand, cement production increased by 18.4 per cent in October, 2018 over October, 2017. Its cumulative index increased by 15.0 per cent during April to October, 2018-19 over the corresponding period of previous year.

There was a increase of 10.6 per cent in Coal production in October, 2018 compared to October, 2017. Its cumulative index increased by 9.8 per cent during April to October, 2018-19 over corresponding period of the previous year.

The cumulative index of crude oil production declined by 3.6 per cent during April to October, 2018-19 over the corresponding period of previous year.

Otherwise, it was declined by 5.0 per cent in October, 2018 over October, 2017.

The Natural Gas production declined by 0.9 per cent in October, 2018 over October, 2017. Its cumulative index declined by 0.8 per cent during April to October, 2018-19 over the corresponding period of previous year.

Petroleum Refinery production increased by 1.3 per cent in October, 2018 over October, 2017 and its cumulative index increased by 5.8 per cent during April to October, 2018-19 compared to corresponding previous year.

The data shows a decline in fertilizers production by 11.5 per cent in October, 2018 over October, 2017. Its cumulative index declined by 0.3 per cent during April to October, 2018-19 over the corresponding period of previous year.

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