India’s core sector production up 2% in September
30 Oct 2024
India’s core sector industrial production increased by 2 per cent in September 2024, a bit higher compared to the 1.8 per cent growth in September 2023.
The eight core sector industries, having a weight of 40.27 per cent in the general Index of Industrial Production (IIP) recorded a cumulative growth of 4.2 per cent in April-September 2024.
The final growth rate of the eight core industries, comprising coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity, for June 2024 stands revised to 5 per cent.
Production of coal, which has a weight of 10.33 per cent in the IIP, increased by 2.6 per cent in September 2024 while cumulative coal production increased by 5.9 per cent during April-September 2024-25.
Production of crude oil (weight of 8.98 per cent in IIP) declined by 3.9 per cent in September 2024 while its cumulative production declined by 2.1 per cent during April-September 2024-25.
Production of natural gas (weight of 6.88 per cent in IIP) declined by 1.3 per cent in September 2024 while cumulative production of natural gas increased by 2 per cent during April-September 2024-25.
Petroleum refinery production (weight of 28.04 per cent in IIP) increased by 5.8 per cent in September 2024 while cumulative refinery production increased by 2.3 per cent during April-September 2024-25.
Fertilisers production (weight of 2.63 per cent in IIP) increased by 1.9 per cent in September 2024 while cumulative fertiliser production increased by 1.7 per cent during April-September 2024-25.
Steel production (weight of 17.92 per cent in IIP) increased by 1.5 per cent in September 2024 while cumulative steel production increased by 6.1 per cent during April-September 2024-25.
Cement production (weight of 5.37 per cent in IIP) increased by 7.1 per cent in September 2024 while cumulative cement production increased by 1.6 per cent during April-September 2024-25.
Electricity generation (weight of 19.85 per cent in IIP) declined by 0.5 per cent in September 2024 while cumulative power generation increased by 5.9 per cent during April-September 2024-25.