Output of eight core industries rises to 4.9% in August
The output of India’s eight major industries expanded exponentially in August by 4.9 per cent from a rise of 2.6 per cent during the previous month, official data showed on Tuesday.
The Index of Eight Core Industries (ECI), representing the output of major industrial sectors like coal, steel, cement and electricity, had risen by 3.1 per cent in the corresponding month of the previous year.
Eight infrastructure sectors include coal, crude oil, natural gas, refinery products, electricity, steel, cement, and fertiliser, accounting for about 40 per cent weight in index of industrial production.
Electricity production grew 10.3 per cent in August from a year ago, while coal output grew 15.3 per cent.
Source: Business Standard