November Infrastructure output: core sectors output grew by 3.1 percent
New Delhi:
Infrastructure output in November 2021: The output of the eight core infrastructure sectors increased by 3.1% in November 2021, compared to the corresponding month last year, government data showed on Friday, December 31. Infrastructure output declined 1.1% in November 2020 as the COVID-19 pandemic hit industrial activity across the country.
The growth of the core sectors was 7.5 percent in October and 4.4 percent in September 2021. The eight core industries make up 40.27 percent of the total weight of the items included in the industrial output or the Index of Industrial Production ( IIP).
Infrastructure production growth last month was primarily driven by natural gas, coal and petroleum refinery products. Production of natural gas, coal and petroleum refineries increased by 23.7 percent, 8.2 percent and 4.3 percent, respectively.
The combined index of the eight core industries stood at 131.7 in November 2021, according to preliminary data released today by the Ministry of Trade and Industry. In the same period last year, the combined index was 127.7.
The production of fertilizers, steel and electricity sectors also showed growth in November, increasing 2.5 percent, 0.8 percent and 1.5 percent, respectively, compared to the corresponding period last year.
Infrastructure output – which includes the eight core sectors such as electricity, coal and crude oil – grew 13.7 percent in the April-November period of the current fiscal year, compared to a de-growth of 11.1 percent in the corresponding fiscal year. period last year.
According to data from the Ministry of Commerce, the crude oil and cement sectors recorded production growth of 2.2 percent and 3.2 percent last month.
