India's core sector output growth slows to 3.5% in November
02 Jan 2019
1
Core sector industrial production in the country expanded at a slower pace of 3.5 per cent in November 2018 compared to the 4.8 per cent growth recorded in October 2018.
Output in the eight core sector industries comprising coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity, which carry nearly 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP), grew 5.1 per cent in April-November 2018-19, official data showed.
Expansion of the key sector was slackened by a decline in the production of crude oil and chemical fertilisers and sluggish performance in natural gas production and petroleum refinery output.
Production of coal, which has a weight of 10.33 per cent in the general index of industrial production (IIP) increased by 3.7 per cent in November 2018 while cumulative production of coal increased by 9.0 per cent during April-November 2018-19.
Production of crude oil (weight of 8.98 per cent in IIP) declined by 3.5 per cent in November 2018 while its cumulative production declined by 3.6 per cent during April-November 2018-19.
Production of natural gas (weight of 6.88 per cent in IIP) increased by 0.5 per cent in November 2018 while its cumulative index declined by 0.7 per cent during April-November 2018-19.
Petroleum refinery production (weight of 28.04 per cent in IIP) increased by 2.3 per cent in November 2018 while cumulative production of refinery products increased by 5.3 per cent during April-November 2018-19.
Production of chemical fertilizers (weight of 2.63 per cent in IIP) declined by 8.1 per cent in November 2018 while cumulative production of fertilisers declined by 1.3 per cent during April-November 2018-19.
Production of steel (weight of 17.92 per cent in IIP) increased by 6.0 per cent in November 2018 while its cumulative production increased by 3.7 per cent during April-November 2018-19.
Production of cement (weight of 5.37 per cent in IIP) increased by 8.8 per cent in November 2018 while its cumulative production increased by 14.2 per cent during April-November 2018-19.
Electricity generation (weight of 19.85 per cent in IIP) increased by 5.4 per cent in November 2018 while cumulative generation of electricity increased by 6.7 per cent during April-November 2018-19.
.webp)
