Core sector output grows 6.8 per cent in February
29 Mar 2011
Core sector industrial production in India grew 6.8 per cent (provisional) in February 2011 against the 7.1 per cent growth recorded in January this year and the 5.3 per cent growth recorded in December 2010.
Core sector production growth continued to remain firm despite the slight dip from the January figure when compared with the 4.2 per cent growth reported in February 2010.
The index of core sector production stood at 268.9 (provisional) in February 2011.
The six core sector industries comprising crude oil, petroleum refinery, coal, electricity, cement and steel, have a combined weight of 26.7 per cent in the index of industrial production (IIP) with base 1993-94.
During April-February 2010-11, the six core sector industries recorded a growth of 5.7 per cent (provisional) against 5.4 per cent during the corresponding period of the previous year.
Production of crude oil (having a weight of 4.17 per cent in the IIP) recorded a growth of 12.2 per cent (provisional) in February 2011 against a growth rate of 4.0 per cent in February 2010. Crude production grew 11.9 per cent (provisional) during April-February 2010-11 against 0.3 per cent during the same period of 2009-10.
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