India’s eight industries designated as ‘core’ sectors grew by 3.6 percent year on year in March this year, the lowest growth rate in the past five months, according to government data released on Monday, May 2.
The data showed that the eight core industries had registered a growth of 7.2 percent in February this year.
The eight core industries include coal, crude oil, fertilizer, refinery products, steel, cement, natural gas and electricity.
In March this year, the outputs of crude oil, power and cement fell by 2.8 percent, 1.8 percent and 0.8 percent, respectively, year on year.
The production of coal rose by 12.2 percent, fertilisers by 9.7 percent, steel by eight percent and refinery products by 1.5 percent, the data showed.