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E-mail ID will not be published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

  • Sebi’s new listing norms should protect small investors

    There has been a long-standing debate on what should be the liability of individual promoters and directors in case a company does not meet its obliga

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

Roopen Roy

Building smart cities the Indian way

Today more than half of the world’s population lives in ...

Rajgopal Nidamboor

The biology behind cultivated wisdom

We are our habits and our behaviour. We are our ...

Gautam Gupta

Why must innerwear be our best kept secret?

While women’s outerwear rules the marketing roost in India, unfortunately, ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture