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India Core Industries' Output Grew In November

Capital Market/ 17:02 , Jan 01, 2014

India's eight core industries grew in November, after a decline in the previous month, official data showed. The eight core industries' output rose 1.7 percent year-on-year, following a 0.6 percent fall in October. It was the smallest infrastructure output growth since June. The eight core industries include coal, crude oil, natural gas, petroleum refining, fertilizers, steel, cement and electricity. They have a combined weight of 37.90 percent on the index of industrial production. In November 2012, the core industrial output grew 5.8 percent. During the April to November period, the infrastructure output increased 2.5 percent compared to 6.7 percent growth in the same period last year.

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