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Growth in 8 core sector industries slows to 1.9 pct

India Blooms News Service | | 31 Oct 2014, 11:18 pm
New Delhi, Oct 31 (IBNS): The eight core sector industries' growth has slowed down to 1.9 per cent in September, official data showed on Friday.

The production of crude oil,  natural gas, petroleum refinery products and fertilizers have dropped in the month.

"The Eight Core Industries comprise nearly 38% of the weight of items included in the Index of Industrial Production (IIP).  The combined Index of Eight Core Industries stands at 160.6 in September, 2014, which was 1.9 % higher compared to the index of September, 2013. Its cumulative growth during April to September, 2014-15 was 4.0 %," said a government statement.