India's core industries' output grew 3.4% in January 2017
Index of Eight Core Industries grew 3.4% in the month of January 2017 as against the same month of last year, Ministry of Commerce & Industry said on Tuesday.
Index of Eight Core Industries grew 3.4% in the month of January 2017 as against the same month of last year, Ministry of Commerce & Industry said on Tuesday.
The ministry said, "The Eight Core Industries comprise nearly 38% of the weight of items included in the Index of Industrial Production (IIP). The combined Index of Eight Core Industries stands at 191.8 in January, 2017, which was 3.4% higher compared to the index of January, 2016. Its cumulative growth during April to January, 2016-17 was 4.8%."
Coal
Coal production (weight: 4.38 %) increased by 4.8 % in January, 2017 over January, 2016. Its cumulative index during April to January, 2016-17 increased by 2.3 % over corresponding period of previous year.
Crude Oil
Crude Oil production (weight: 5.22 %) increased by 1.3 % in January, 2017 over January, 2016. Its cumulative index during April to January, 2016-17 declined by 2.8 % over the corresponding period of previous year.
Natural Gas
The Natural Gas production (weight: 1.71 %) increased by 11.9 % in January, 2017 over January, 2016. Its cumulative index during April to January, 2016-17 declined by 1.9 % over the corresponding period of previous year.
Refinery Products (93% of Crude Throughput)
Petroleum Refinery production (weight: 5.94%) declined by 1.5 % in January, 2017 over January, 2016. Its cumulative index during April to January, 2016-17 increased by 6.8 % over the corresponding period of previous year.
Fertilizers
Fertilizer production (weight: 1.25%) declined by 1.6 % in January, 2017 over January, 2016. Its cumulative index during April to January, 2016-17 increased by 2.9 % over the corresponding period of previous year.
Steel (Alloy + Non-Alloy)
Steel production (weight: 6.68%) increased by 11.4 % in January, 2017 over January, 2016. Its cumulative index during April to January, 2016-17 increased by 9.2 % over the corresponding period of previous year.
Cement
Cement production (weight: 2.41%) declined by 13.3 % in January, 2017 over January, 2016. Its cumulative index during April to January, 2016-17 increased by 1.0 % over the corresponding period of previous year.
Electricity
Electricity generation (weight: 10.32%) increased by 4.8 % in January, 2017 over January, 2016. Its cumulative index during April to January, 2016-17 increased by 5.4 % over the corresponding period of previous year.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
EPFO Pension Schemes: Early pension, retirement pension, nominee pension and 4 other pension schemes that every private sector employee should know
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
05:28 PM IST