Eight Core sector output grows 7.5% in October

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New Delhi: The combined output of 8 core sector industries grew at 7.5 percent in October 2021, as against -0.5 percent in October 2020 and 4.5 percent in September 2021.

The eight core industries Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity. The Eight Core Industries comprise 40.27 percent of the weight of items included in the Index of Industrial Production (IIP).

“The combined Index of Eight Core Industries stood at 136.2 in October 2021, which increased by7.5 per cent (provisional) as compared to the Index of October 2020” said a government release.

The production of Coal, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity industries increased, while crude oil output dropped by 2.2 percent in October 2021 over the corresponding period of last year.

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