Output index of eight core industries rose by 6.6% in October
The eight core industries comprise nearly 38% of the weight of items included in the index of industrial production (IIP).
The output index of eight core industries stood at 188.1 in the month of October, a rise of 6.6% as compared to the index of October, 2015. Its cumulative growth during April to October, 2016-17 was 4.9 %, Ministry of Commerce & Industry said.
The eight core industries comprise nearly 38% of the weight of items included in the index of industrial production (IIP).
In September, the output index of eight core industries rose by 5% on account of growth in steel production and an increase in refinery products production.
Coal
Coal production declined by 1.6 % in October, 2016 over October, 2015. Its cumulative index during April to October, 2016-17 increased by 0.7 % over corresponding period of previous year.
Crude Oil
Crude Oil production declined by 3.2 % in October, 2016 over October, 2015. Its cumulative index during April to October, 2016-17 declined by 3.3 % over the corresponding period of previous year.
Natural Gas
The Natural Gas production declined by 1.4 % in October, 2016 over October, 2015. Its cumulative index during April to October, 2016-17 declined by 4.0 % over the corresponding period of previous year.
Refinery Products (93% of Crude Throughput)
Petroleum Refinery production increased by 15.1 % in October, 2016 over October, 2015. Its cumulative index during April to October, 2016-17 increased by 8.9 % over the corresponding period of previous year.
Fertilizers
Fertilizer production increased by 0.8 % in October, 2016 over October, 2015. Its cumulative index during April to October, 2016-17 increased by 4.8 % over the corresponding period of previous year.
Steel (Alloy + Non-Alloy)
Steel production increased by 16.9 % in October, 2016 over October, 2015. Its cumulative index during April to October, 2016-17 increased by 8.5 % over the corresponding period of previous year.
Cement
Cement production increased by 6.2 % in October, 2016 over October, 2015. Its cumulative index during April to October, 2016-17 increased by 4.8 % over the corresponding period of previous year.
Electricity
Electricity generation increased by 2.8 % in October, 2016 over October, 2015. Its cumulative index during April to October, 2016-17 increased by 4.7 % over the corresponding period of previous year.
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