January core sector growth sharply rises to 6.7%

The core sectors' cumulative growth rate for the April-January 2017 period was 4.3%

BS Web Team  |  New Delhi 

Core sector

India’s eight core industries grew at 6.7% in January 2018, data released on the website of the office of the economic adviser showed on Wednesday.

The growth in output compares with an upwardly revised 4.2% year-on-year growth in December and 3.4% in January 2017. The core sectors' cumulative growth rate for the April-January 2017 period was 4.3% as against 5.1% in year-ago period, the government data showed. "The combined Index of Eight Core Industries (ECI) stands at 133.1 in January, 2018, which was 6.7 per cent higher as compared to the index of January, 2017," the Ministry of Commerce & Industry said. The eight core industries comprise coal, crude oil, natural gas, refinery products, fertilizers, steel, cement and electricity.

First Published: Wed, February 28 2018. 17:09 IST
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