Eight core industries' output up 0.1% in Jan

India Apr-Jan eight core industries growth -8.8% versus 0.8% year ago

The pr oduction of India's eight major industries remained f lat on a y ear-onyear basis during J anuary 2021.

The Index of Eight Cor e Industries' r eading f or last month showed a rise of just 0.1 per ce nt i n output fr om an expansion of 2.2 per cent in the same month last year.

On a sequential basis , the output of eight major industries had expanded by 0.2 per cent i n December 2020.

ECI index comprises 40.27 per cent of the w eight of items included in the Index of Industrial Production

(IIP).

These industries comprise coal, crude oil, natural gas, refinery products, fer tilisers, steel, cement, and electricity.

On a sector specific basis, the output of coal, which has a weight of 10.33 per cent in the index, showed a decline of (-)1.8 percent in January 2021 over the same month of the previous year.

Similarly, the output of refinery products, which