Core industries grow by 4.2% in April YoY
Updated: Jun 02, 2014 05:24:43pm
New Delhi, Jun 2 (KNN) Led by electricity generation and fertilizer production, the eight core industries showed a growth of 4.2 per cent higher compared to last year, though several others like petroleum refinery production, natural gas production and crude oil production still remain in dire straits.
“The Eight Core Industries have a combined weight of 37.90 per cent in the Index of Industrial Production (IIP). The combined Index of Eight Core Industries stands at 160.9 in April, 2014, which was 4.2 per cent higher compared to the index of April, 2013. Its cumulative growth during April-March, 2013-14 was 2.7 per cent,” according to official data.
Electricity generation increased by 11.2 per cent in April 2014 over the period of April 2013 and it registered a cumulative growth of 5.6 per cent during April to March, 2013-14 over the corresponding period of previous year.
Fertilizer production increased by 11.1 per cent in April 2014, over April 2013. It registered a cumulative growth of 1.5 per cent during April to March, 2013-14 over the corresponding period of previous year, the data said.
The other sectors which showed an increase year on year basis are coal production, steel production, cement production, electricity generation etc.
However, the sectors which showed negative growth in April are crude oil production, natural gas production, and petroleum refinery production. (KNN Bureau)
“The Eight Core Industries have a combined weight of 37.90 per cent in the Index of Industrial Production (IIP). The combined Index of Eight Core Industries stands at 160.9 in April, 2014, which was 4.2 per cent higher compared to the index of April, 2013. Its cumulative growth during April-March, 2013-14 was 2.7 per cent,” according to official data.
Electricity generation increased by 11.2 per cent in April 2014 over the period of April 2013 and it registered a cumulative growth of 5.6 per cent during April to March, 2013-14 over the corresponding period of previous year.
Fertilizer production increased by 11.1 per cent in April 2014, over April 2013. It registered a cumulative growth of 1.5 per cent during April to March, 2013-14 over the corresponding period of previous year, the data said.
The other sectors which showed an increase year on year basis are coal production, steel production, cement production, electricity generation etc.
However, the sectors which showed negative growth in April are crude oil production, natural gas production, and petroleum refinery production. (KNN Bureau)
Loading...
