Output of eight core industries rises 4.2% in April

Tags: News
The output of eight core industries increased 4.2 per cent in April, boosted by higher electricity, fertiliser and cement production.

The coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity sectors had expanded 3.7 per cent in the same month last year. Growth in these industries decelerated to 2.7 per cent in 2013-14.

The eight industries have a combined weight of about 38 per cent in the Index of Industrial Production.

Electricity production increased 11.2 per cent in April, fertilisers 11.1 per cent, cement 6.7 per cent and coal 3.3 per cent, all at a faster pace than a year earlier.

Steel production increased 3.1 per cent compared with 10.1 per cent in the same month last year.

The crude oil, natural gas and petroleum refinery product sectors contracted 0.1 per cent, 7.7 per cent and 2.2 per cent, respectively, in April.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Bureaucrats have enjoyed flying miles at taxpayer expense for too long

    The beleaguered Indian taxpayer will certainly applaud prime minister Narendra Modi’s attempt to deliver on his promise of cutting down fiscal defic

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Varun Dutt

<b>Riskfactor</b>: CHAIN REACTION

A domino effect is the cumulative effect produced when one ...

Zehra Naqvi

Rememberance and forgetting are crucial

Memories are so vital to our lives that they can ...

Dharmendra Khandal

Sandalwood may get extinct if not protected

When we talk of sandalwood, the most common usage that ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture