Eight core sectors grew by 6.8 per cent in November 2017, mainly helped by a robust performance in segments like refinery, steel and cement, official data showed today.
The output of refinery products, steel and cement rose by 8.2 per cent, 16.6 per cent and 17.3 per cent, respectively on an annual basis, according to the data released by the commerce and industry ministry.
On the other hand, coal output recorded a negative growth during the month.
Cumulatively, the growth in the eight core sectors during April-November this fiscal slowed to 3.9 per cent as against 5.3 per cent in the same period last fiscal.
A healthy growth in key sectors will have positive implications on the Index of Industrial Production (IIP) as these eight segments account for about 41 per cent of the total factory output.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)