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Eight Core Industries Grew By 5.1% In March

The index of eight core industries rose 5.1% in March on an annual basis, as compared with a growth of 7.1% in February.

<div class="paragraphs"><p>(Source: Freepik) </p></div>
(Source: Freepik)

India's eight core infrastructure industries grew at a slower pace in March, amid lagging growth in six industries as compared with a month ago.

The index of eight core industries rose 5.1% in March on an annual basis, as compared with a growth of 7.1% in February, according to data released by the government on Tuesday.

Break-Up Across Eight Core Sectors (YoY)

  • Coal output rose 8.7% in March versus 11.6% in February.

  • Crude oil output rose by 2% as compared with 7.9%.

  • Natural gas output grew 6.3% versus 11.3% a month ago.

  • Refinery products fell 0.3%, as compared with 2.6% in the previous month.

  • Fertiliser production fell 1.3%, after declining by 9.5% last month.

  • Steel output rose 5.5%, as compared with 9.1% last month.

  • Cement rose 10.6% versus a fall of 9.1% in the previous month.

  • Electricity output rose 8%, as compared with a rise of 7.5%.

(Corrects an earlier version which misstated the months)