The production growth in India’s eight key infrastructure sectors slowed down by 1.8% in August as compared to last year, according to official data released on Monday, September 30. The decline can be attributed to the coal, crude oil, natural gas, refinery products, cement and electricity output.
The growth rate stood at 6.1% in July, 4% in June, and
6.3% in May.
The index which measures the combined and individual performance of the production of the eight core industries — coal, crude oil, natural gas, refinery products, fertiliser, steel, cement, and electricity — account for 40.27% of the Index of Industrial Production (IIP).
| August | July | |
| Coal | -8.1% | 6.8% |
| Crude Oil | -3.4% | -2.9% |
| Natural Gas | -3.6% | -1.3% |
| Refinery Products | -1% | 6.6% |
| Fertiliser | 3.2% | 5.3% |
| Steel | 4.5% | 6.4% |
| Cement | -3% | 5.5% |
| Electricity | -5% | 7.9% |
First Published: Sept 30, 2024 5:21 PM IST