India's eight core industries grow by 2.4% in July, 2017
A coal power station.

India's eight core industries grow by 2.4% in July, 2017

New Delhi, August 31, 2017

India's eight core industries, which have a combined weight of 40.27 percent in the Index of Industrial Production (IIP), grew by 2.4 percent in July, 2017 as compared to the same month of the previous year, an official statement said here today, quoting provisional data.
The base year of the Index of Eight Core Industries has been revised from the year 2004-05 to 2011-12 from April, 2017.
The statement said the combined Index of Eight Core Industries stood at 119.8 in July. Its cumulative growth during April-July, 2017-18 was 2.5 %.
According to the statement, coal production, which has a weight of 10.33% in the IIP, increased by 0.7% in July, 2017 over July, 2016. Its cumulative index declined by 3.3% during April-July, 2017-18 from the level in the corresponding period of the previous year.
Crude oil production (weight: 8.98 %) decreased by 0.5 % in July, 2017 from the corresponding month of the previous year. Its cumulative index increased by 0.05% during April-July, 2017-18 over the same period of the previous year.
Natural gas production (weight: 6.88 %) increased by 6.6 % in July, 2017 over July, 2016. Its cumulative index increased by 4.9 % during April-July, 2017-18 over the corresponding period of the previous year.
Petroleum refinery production (weight: 28.04%) declined by 2.7 % in July, 2017 from July, 2016. Its cumulative index increased by 0.7 % during April to July, 2017-18 over the corresponding period of the previous year.
Fertilizer production (weight: 2.63 %) declined by 0.3 % in July, 2017 from July, 2016. Its cumulative index declined by 1.5 % during April to July, 2017-18 from the corresponding period of previous year.
Steel production (weight: 17.92 %) increased by 9.2 % in July, 2017 over July, 2016. Its cumulative index increased by 6.9 % during April to July, 2017-18 over the corresponding period of the previous year.
Cement production (weight: 5.37%) declined by 2.0 % in July, 2017 from July, 2016. Its cumulative index declined by 3.5 % during April to July, 2017-18 from the corresponding period of previous year.
Electricity generation (weight: 19.85%) increased by 5.4 % in July, 2017 over July, 2016. Its cumulative index increased by 5.4 % during April to July, 2017-18 over the corresponding period of the previous year.
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