Indian Core Industry
Indian core industries' output up 6.8 pc in March
New Delhi/UNI: Eight infrastructure sectors posted 6.8 per cent growth in March, compared to a year ago, data released by the industry ministry on Friday showed.
Ouput of steel (23 per cent), cement (32.5 per cent) and electricity (21.6 per cent) and natural gas (12.3 per cent) expanded, while output of coal (-21.9 per cent), crude oil (-3.1 per cent), refinery products (-0.7 per cent), fertilizers (-5 per cent) contracted.
Overall, the core sector contracted 7 per cent in FY21 against 0.4 per cent growth in the preceding year.
"The combined Index of Eight Core Industries stood at 143.1 in March, 2021, which increased by 6.8 (provisional) per cent as compared to the Index of March, 2020.
Its cumulative growth during April to March, 2020-21 has been (-) 7.0 per cent," the ministry said in a statement.
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