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Core sector growth marks 8.5 per cent jump in April

India Blooms News Service | | Jun 01, 2016, at 12:20 am

#Indian core sector # India # Industry # GDP # India core sector

New Delhi, May 31 (IBNS) The eight core sector industries recorded a growth of 8.5 per cent in April this year , official data revealed on Tuesday.

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 176.4 in April, 2016, which was 8.5 % higher compared to the index of April, 2015. Its cumulative growth during April to March, 2015-16was 2.7 %," read a government statement.

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