Eight core sector industries grew by 3.9% in Jan

Negative growth in production of crude oil, natural gas, fertiliser and cement affects growth

Shanu Athiparambath New Delhi
Last Updated : Feb 28 2013 | 6:46 PM IST
The index of eight core industries grew by 3.9% in January 2013, as against its growth of 2.2% in the corresponding period of the previous year. The combined index read 158.7 in January 2013.

The low growth rate in January is attributed to a fall in production of Crude Oil, Natural Gas, Fertilizers and Cement.

The cumulative growth of the index of the core industries in the April-December period is 3.2%, against its growth of 5.0% in the previous year.

The eight core industries have a weight-age of 37.90% in the Index of Industrial Production.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 28 2013 | 6:46 PM IST

Next Story