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Core sector output up 5%, signals industrial recovery

Robust steel and coal production pushes up March numbers

Subhayan Chakraborty  |  New Delhi 

Core sector output rose by 5 per cent in March, recovering from the one-year low growth rate of 1 per cent in February.   The rebound was led primarily by robust growth in steel and coal output, supported by a stable rise in natural gas production.   The data released by the Commerce and Industry Ministry on Monday showed that the eight core industries — coal, crude oil, natural gas, refinery products, fertiliser, steel, cement, and electricity — had a cumulative growth rate of 4.5 per cent in FY17. This was higher than the 4 per cent rise in ...

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First Published: Tue, May 02 2017. 00:26 IST
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