A view of a metal plant. India’s core sectors’ output surged at a five-month high tempo of 8.2% in June, as per information from the Commerce and Industry Ministry, led by a 21.9% spike in metal output
| Photo Credit: The Hindu
India’s core sectors’ output surged at a five-month high tempo of 8.2% in June, as per information from the Commerce and Industry Ministry, led by a 21.9% spike in metal output and practically double-digit rise in coal and cement manufacturing.
Infrastructure output, which includes eight sectors, together with coal and electrical energy, accounts for practically 40% of industrial output. The core sector growth was 13.1 per cent in June 2022, the Commerce Ministry information confirmed.
Also Read | Key infra sector growth slows down to 4.3% in May
The IIP growth was 13.1% in June 2022. In January, the key sectors expanded at 9.7% May 2023 the growth charge was 5%.
The output growth of the eight sectors slowed down to 5.8% in April-July 2023-24 in opposition to 13.9% in the year-ago interval.
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(with inputs from PTI)
