BackCore sector growth rises 7.35% in June
Growth in core industries grew 4.6% during April-June, compared to 3.7% in year-ago period
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New Delhi: Helped by healthy growth in coal, crude oil, cement and electricity, the eight core industries grew by 7.3% in June.
Growth in the infrastructure sector, which has a combined weight of about 38% in the Index of Industrial Production (IIP), was 1.2 % in June 2013.
Coal, crude oil, cement and electricity recorded a growth of 8.1%, 0.1%, 13.6% and 15.7% respectively in the month under review.
Natural gas and fertiliser output recorded a negative growth of 1.7% and 1%, according to the data of the commerce and industry ministry.
Refinery products output growth slowed down by 1.2% as against 1.8% in June last year. Similarly, steel production too declined by 4.2% in June from 7.6% in the same month last year.
During April-June, growth in the eight core industries grew by 4.6% from 3.7% in the year-ago period.
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