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Eight core industries' output up 8.9% in June

Coal production having 10.33 percent weight increased by 7.4 per cent in June, 2021 over June, 2020

The growth of eight core infrastructure industries grew by 8.9 percent in June 2021 as compared to same month last year, mainly due to a low base effect and uptick in production of natural gas, steel, coal and electricity. The eight infrastructure sectors had contracted by 12.4 per cent in June 2020 due to the lockdown restrictions imposed to control the spread of coronavirus infections. In May this year, these key sectors had recorded a growth of 16.3 per cent, while it was 60.9 per cent in April. The Eight Core Industries - coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity - comprise 40.27% of the weight of items included in the Index of Industrial Production (IIP).    

Among eight core sectors, Coal production having 10.33 percent weight increased by 7.4 per cent in June, 2021 over June, 2020 and its cumulative index increased by 8.0 per cent during April to June, 2021-22 over corresponding period of the previous year. Natural Gas production having 6.88 percent weight increased by 20.6 per cent in June, 2021 over June, 2020 and its cumulative index increased by 21.8 per cent during April to June, 2021-22 over the corresponding period of previous year. Petroleum Refinery production having 28.04 percent weight increased by 2.4 per cent in June, 2021 over June, 2020 and its cumulative index increased by 15.4 per cent during April to June, 2021-22 over the corresponding period of previous year. Fertilizers production having 2.63 percent weight increased by 2.0 per cent in June, 2021 over June, 2020 and its cumulative index decreased by 1.7 per cent during April to June, 2021-22 over the corresponding period of previous year.

Steel production having 17.92 percent weight increased by 25.0 per cent in June, 2021 over June, 2020 and its cumulative index increased by 86.0 per cent during April to June, 2021-22 over the corresponding period of previous year. Cement production having 5.37 percent weight increased by 4.3 per cent in June, 2021 over June, 2020 and its cumulative index increased by 52.9 per cent during April to June, 2021-22 over the corresponding period of previous year. Electricity generation having 19.85 percent weight increased by 7.2 per cent in June, 2021 over June, 2020 and its cumulative index increased by 16.4 per cent during April to June, 2021-22 over the corresponding period of previous year.  On the flip side, Crude Oil production having 8.98 percent weight declined by 1.8 per cent in June, 2021 over June, 2020 and its cumulative index declined by 3.4 per cent during April to June, 2021-22 over the corresponding period of previous year.