India’s output from its core industrial sector recorded a decline of 5.2 percent year on year in September this year, with steel output recording negative year-on-year growth of 0.3 percent in the given month, according to data released by the Ministry of Commerce on Thursday, October 31.
Of the eight industries designated as India’s core sector, only fertilizer recorded positive growth in September, while the seven other industries posted negative growth, the ministry data showed.
The highest decline in output was recorded by the coal sector, which registered a negative growth of 20.5 percent year on year in September, while refinery products growth was down 6.7 percent and electricity generation declined by 3.7 percent among the core sector industries, the data revealed.