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India’s eight core industries show 4.7% growth in March 2019

Updated: May 01, 2019 06:02:40am
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India’s eight core industries show 4.7% growth in March 2019

New Delhi, May 1 (KNN) The combined Index of eight core industries stood at 145.0 in March, 2019, which was 4.7 per cent higher as compared to the index of March, 2018.

 Its cumulative growth during April to March, 2018-19 was 4.3 percent.

The eight core sectors include coal, crude oil, natural gas, refinery products, fertilizers, steel, cement, and electricity.

As per Ministry of Commerce & Industry release, the steel production increased by 6.7 per cent in March, 2019 over March, 2018.

On the other hand, fertilizers production increased by 4.3 percent in March, 2019 over March, 2018.

The Growth in the coal sector also accelerated in March, to 9.1% from 7.4% in February.

The electricity sector posted a growth of 1.4% in March, 2019 over March, 2018. Its cumulative index increased by 5.1 percent during April to March, 2018-19 over the corresponding period of previous year.

The natural gas sector witnessed the growth slowing in March to 1.4% from 3.8% in February.

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