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Core industries' output grows 5.3 pct in January

Core industries' output grows 5.3 pct in January

| @indiablooms | 02 Apr 2018, 08:01 pm

New Delhi, Apr 2 (IBNS): The pace of  India's eight major industries' output in February was 5.3 percent, official data released on Monday said.

It was lower in comparison to an increase of 6.1 per cent in January.

"The Eight Core Industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP)," read a government statement.

"The combined Index of Eight Core Industries stands at 123.1 in February, 2018, which was 5.3 per cent higher as compared to the index of February, 2017. Its cumulative growth during April to February, 2017-18 was 4.3 per cent," read the statement.

 

Image: freestockphotos.name

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