Business

Core Industry Output Rises 5.8% In February


India’s core industrial production grew 5.8 per cent in February from a year ago

India’s infrastructure industry output grew 5.8 per cent in February, compared to the same period a year ago, government data showed.

Production in the eight core infrastructure industries – which account for nearly 40 per cent of total industrial output – grew by 3.3 per cent in January from a year ago.

The index of eight core industries measures the production of eight infrastructure industries – coal, crude, natural gas, refining products, fertilizers, cement, steel and electricity.

Data show the industrial production of coal, natural gas, petroleum refining products, steel, cement and electricity increased in February 2022 compared to the same period last year.

In fact, coal production increased by 6.6 per cent, natural gas by 12.5 per cent, petroleum refining by 8.8 per cent, steel by 5.7 per cent, cement by 5.0 per cent and electricity generation by 4.0 per cent in February compared to a year ago.

Meanwhile, production of crude oil and fertilizers declined by 8.8 per cent and 1.4 per cent respectively.

Agrasmartcity

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