Industr

Eight core industries' output up 0.1% in January

Representational image   | Photo Credit: ASHOKE CHAKRABARTY

The output of eight core infrastructure sectors grew marginally by 0.1% in January, mainly due to growth in the production of fertiliser, steel and electricity.

The core sectors had expanded by 2.2% in January 2020, according to the provisional data released by the Commerce and Industry Ministry on Friday.

Coal, crude oil, natural gas, refinery products, and cement recorded negative growth in January.

However, the output of fertiliser, steel and electricity in January grew by 2.7%, 2.6% and 5.1%, respectively.

During April-January 2020-21, the sectors' output declined by 8.8% against a growth rate of 0.8% in the same period of the previous year.

The eight core industries constitute 40.27% of the Index of Industrial Production.

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Printable version | Feb 26, 2021 5:42:06 PM | https://www.thehindu.com/business/Industry/eight-core-industries-output-up-01-in-january/article33942853.ece

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