According to the provisional data released on 30 August 2011, the eight core infrastructure industries expanded by 7.8 percent in July 2011 as against 5.7 percent in July 2010 on account of healthy growth in electricity, steel and cement production. The eight industries, crude oil, petroleum refinery products, natural gas, fertilisers, coal, electricity, cement and finished steel have a weight of 37.90 percent in the overall Index of Industrial Production.
Electricity, steel and cement output grew by 13 percent, 15.5 percent and 10.6 percent in July respectively, according to the provisional data released today. In July 2010, electricity production had grown by 4.2 percent, while steel and cement sectors had contracted by 2.9 percent and 0.2 percent respectively.
Crude oil production grew by 1.4 percent in the month under review against 15.8 percent in the comparable period of 2010. Petroleum refinery products output too grew by 3.9 percent against a growth of 13.7 percent in July 2010.
However, natural gas and fertiliser output contracted by 8.2 percent and 1.6 percent, respectively.
The core infrastructure industries had expanded by 5.2 percent in June 2011.
During April-July 2011-12, the growth of core industries slowed down to 5.8 percent from 6.5 percent in the same quarter in 2010-11.
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