Core sector output grows 6.8 per cent in February

29 Mar 2011

1

Core sector industrial production in India grew 6.8 per cent (provisional) in February 2011 against the 7.1 per cent growth recorded in January this year and the 5.3 per cent growth recorded in December 2010.

Core sector production growth continued to remain firm despite the slight dip from the January figure when compared with the 4.2 per cent growth reported in February 2010.

The index of core sector production stood at 268.9 (provisional) in February 2011.

The six core sector industries comprising crude oil, petroleum refinery, coal, electricity, cement and steel, have a combined weight of 26.7 per cent in the index of industrial production (IIP) with base 1993-94.

During April-February 2010-11, the six core sector industries recorded a growth of 5.7 per cent (provisional) against 5.4 per cent during the corresponding period of the previous year.

Production of crude oil (having a weight of 4.17 per cent in the IIP) recorded a growth of 12.2 per cent (provisional) in February 2011 against a growth rate of 4.0 per cent in February 2010. Crude production grew 11.9 per cent (provisional) during April-February 2010-11 against 0.3 per cent during the same period of 2009-10.

Latest articles

Musk ramps up SpaceX moon plans as Bezos accelerates Blue Origin in race against China

Musk ramps up SpaceX moon plans as Bezos accelerates Blue Origin in race against China

Indians can now travel to 56 destinations without prior visa as passport ranking improves

Indians can now travel to 56 destinations without prior visa as passport ranking improves

CEO says EU’s IRIS2 must match Starlink on price and performance

CEO says EU’s IRIS2 must match Starlink on price and performance

Applied Materials jumps 12% as AI chip demand drives strong revenue forecast

Applied Materials jumps 12% as AI chip demand drives strong revenue forecast

Opening the silos: India approves 3 million tonnes of wheat and product exports

Opening the silos: India approves 3 million tonnes of wheat and product exports

Capgemini beats 2025 revenue target as WNS acquisition boosts AI-driven growth

Capgemini beats 2025 revenue target as WNS acquisition boosts AI-driven growth

The deregulation “holy grail”: Trump EPA dismantles the legal bedrock of climate policy

The deregulation “holy grail”: Trump EPA dismantles the legal bedrock of climate policy

France-backed Eutelsat beats revenue estimates as Starlink rivalry intensifies

France-backed Eutelsat beats revenue estimates as Starlink rivalry intensifies

Germany’s Stark reportedly crosses €1 billion valuation after fresh funding round

Germany’s Stark reportedly crosses €1 billion valuation after fresh funding round