Six core industries grew at a slow 5.2 percent in April

By IANS,

New Delhi : India’s six core industries grew at a slower 5.2 percent in April compared to the previous corresponding period, according to official data released Wednesday.


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Crude oil, petroleum and refinery products, coal, electricity, cement and finished steel – constituting the index of six core industries – registered a growth of 5.8 percent in the last fiscal and 7.5 percent in April 2010.

The six core industries had grown by a much faster 7.4 percent in March 2011.

During April, cement output decline by 1.1 percent, compared to a growth of 8.8 percent in the like month of 2010.

Finished steel production was up by only 4.3 percent as against 12.9 percent in April 2010.

Coal output rose by 2.9 percent compared to a decline of the same quantum in 2010 April, while output of petroleum refinery products went up by 6.6 percent in April as against 5.3 in the previous corresponding month.

Crude oil production increased 11 percent in the month under review, compared to 5.1 percent in April 2010.

Electricity generation remained almost stagnant at 6.8 percent in April compared to the like month of last year.

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