Production of India’s major industries increased by 5.8 percent in February compared to a year ago
Output of India’s infrastructure industries grew 5.8 percent in February compared to the same period a year ago, government data showed.
Production in eight key infrastructure industries – which account for about 40 per cent of total industrial output – rose 3.3 per cent in January from a year earlier.
The Index of Eight Core Industries measures the output of eight infrastructure industries – coal, crude, natural gas, refinery products, fertilizers, cement, steel and electricity.
The data shows that the output of coal, natural gas, petroleum refinery products, steel, cement and power industries increased in February 2022 compared to the same period last year.
In fact, coal production grew 6.6 per cent, natural gas 12.5 per cent, petroleum refineries 8.8 per cent, steel 5.7 per cent, cement 5.0 per cent and electricity 4.0 per cent in February from a year ago. ,
While the production of crude oil and fertilizers declined by 8.8 per cent and 1.4 per cent, respectively.