India's Core Sector Growth Rises To 6.2% in April 2024 Vs 6% in March
India's Core Sector Growth Rises To 6.2% in April 2024 Vs 6% in March
India's core sectors in April 2024 grew 6.2 per cent, compared with 6 per cent in the previous month of March

India’s core sectors in April 2024 grew 6.2 per cent, compared with 6 per cent in the previous month of March. The growth was recorded on the back of healthy expansion in the production of natural gas, refinery products and electricity, according to official data released on Friday.

Eight core sectors include coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity.

The core sector growth had stood at 4.6 per cent in April 2023.

The official data showed that fertiliser output recorded negative growth in April.

The production growth of coal, steel and cement slowed down to 7.5 per cent, 7.1 per cent and 0.6 per cent, respectively against 9.1 per cent, 16.6 per cent and 12.4 per cent in April 2023, respectively.

The eight core sectors contribute 40.27 per cent to the country’s Index of Industrial Production (IIP).

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