Infrastructure output in core sectors up 3.1% in November

November infrastructure output: Core sector output up 3.1 percent

New Delhi: Infrastructure Output in November 2021: Eight core infrastructure sectors grew output by 3.1 percent in November 2021 compared to the same month last year, government data showed on Friday, December 31. Infrastructure production saw a decline of 1.1 per cent in November 2020. The COVID-19 pandemic affected industrial activities across the country.

Growth in key sectors stood at 7.5 per cent in October and 4.4 per cent in September 2021. The eight core industries comprise 40.27 per cent of the total weight of the goods included in the Industrial Production or Index of Industrial Production (IIP). ,

Growth in infrastructure production last month was mostly driven by natural gas, coal and petroleum refinery products. Production from the natural gas, coal and petroleum refinery sectors increased by 23.7 percent, 8.2 percent and 4.3 percent, respectively.

According to the provisional data released today by the Ministry of Commerce and Industry, the combined index of eight core industries stood at 131.7 in November 2021. The combined index stood at 127.7 in the same period a year ago.

Production in the fertilizer, steel and power sectors also registered growth in November, registering a growth of 2.5 per cent, 0.8 per cent and 1.5 per cent, respectively, over the same period last year.

Infrastructure production – which includes eight core sectors such as power, coal, crude oil – registered a growth of 13.7 per cent as compared to a growth of 11.1 per cent in the April-November period of the current fiscal. in the same period of the previous year.

The crude oil and cement sectors recorded a decline of 2.2 per cent and 3.2 per cent in production last month, according to commerce ministry data.

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