NEW DELHI: Output of eight core sectors rose 11.6 per cent in August, mainly due to increase in production of cement, coal and natural gas, official data showed on Thursday.
Eight infrastructure sectors, namely coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity, contracted by 6.9 per cent in August 2020 due to the nationwide lockdown imposed to control the spread of COVID-19.
Eight core industries comprise 40.27 per cent of the weight of the items included in the Index of Industrial Production (IIP).
According to data from the Ministry of Commerce and Industry, production of coal, natural gas, refinery products, steel, cement and electricity increased in August 2021 compared to the same period last year.
On the other hand, the output of crude oil and fertilizer industries declined.
In August 2021, both coal and natural gas production grew by 20.6 percent compared to the same month last year.
In August 2021, the production of the cement sector grew by 36.3 per cent year-on-year and that of steel by 5.1 per cent.
Petroleum refinery production increased by 9.1 percent and electricity generation by 15.3 percent.
However, crude oil production declined 2.3 per cent in August year-on-year. Fertilizer production has also declined by 3.1 per cent.
The growth rate of these infrastructure industries stood at 19.3 per cent during April-August 2021-22, as against 17.3 per cent in the year-ago period.
Meanwhile, the final growth rate of the index of eight core industries for May 2021 has been revised downwards to 16.4 per cent from the earlier estimate of 16.8 per cent.
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