INSUBCONTINENT EXCLUSIVE:
According to provisional data released by the Ministry of Commerce and Industry, the combined index of the eight core industries stood at
The growth in the infrastructure output was led by the cement sector, followed by the steel and electricity sectors
The natural gas sector also registered an increase in output during March 2021.According to the Commerce Ministry data, the production of
cement, steel, electricity, and natural gas sectors increased by 32.5 per cent, 23 per cent, 21.6 per cent, and 12.3 per cent, respectively
On the other hand, the output of coal, crude oil, refinery products, and fertilisers sectors registered a de-growth of 21.9 per cent, 3.1
would push up the year-on-year expansion of the index of eight core industries to a sharp 50-70 per cent in April 2021, with exceptionally
Index of Industrial Production (IIP) to record a sharp growth of 17.5-25 per cent in March 2021," added Ms Nayar.
