India's eight core infrastructure industries rose in May, driven by the growth in five industries.
The index of eight core industries gained 6.3% in May on an annual basis, as compared with a revised growth figure of 6.7% in April, according to data released by the government on Friday.
While coal, electricity, natural gas, petroleum refinery products and steel output saw an uptick, production declined in crude oil, cement and fertilisers.
Break-Up Across Eight Core Sectors In May (YoY)
Coal output rose 10.2% versus 7.5% in April.
Crude oil output declined 1.1% as against 1.6% growth in April.
Natural gas output increased 7.5% versus 8.6% in April.
Petroleum refinery products rose 0.5% as against a fall of 3.9% in April.
Fertiliser production declined 1.7% versus a decline of 0.8% in April.
Steel output rose 7.6% versus 8.8% in April.
Cement output declined 0.8% versus a 0.5% drop in April.
Electricity output rose 12.8% as compared with 10.2% in April.
Also Read: India's Coal Inventory Declines In June 2024
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