India's infrastructure output grew at a much faster pace in October compared to the previous month due to across-the-board improvement in all the industry constituents, data released by the Government showed on Tuesday.
The Index of six core industries, having a combined weight of 26.7% in the Index of Industrial Production (IIP), stood at 274.8 in October and registered a growth rate of 7.0% compared to 2.7% in September.
The index stood at 256.8 in October 2009, representing a growth of 3.9%.
September's reading was revised from a preliminary estimate of 2.5% while the index level was revised to 254.2 from the provisional forecast of 253.7.
India's infrastructure sector index comprises Crude Oil, Petroleum Refining, Coal, Electricity, Finished Steel and Cement.
During April-October 2010-11, the six core industries registered a growth of 4.5%.
Crude Oil production grew by 13.7% in October versus 12.5% in the previous month. Petroleum Refinery production registered a drop of 4.8% in October as against a contraction of 10.2% in September.
Cement production grew by an impressive 16.8% in October as against 5.2% in the preceding month. Finished Steel production expanded by 6.2% versus 5.8% in September.
Coal production rose by 0.8% in October versus a drop of 2% in September. Electricity Generation was up 8.4% in October compared to 1.9% in the previous month.
Performance of Six Core Sector Industries October 2010 (Growth Rate (%) in Production).
| Sectors |
Weight in (%) |
October 2010 |
October 2009 |
April-October 2010-11 |
April-October 2009-10 |
| Crude Oil |
4.17 |
13.7 |
-2.1 |
10.7 |
-1.3 |
| Petroleum Refinery |
2.00 |
-4.8 |
7.2 |
1.4 |
-2.0 |
| Coal |
3.22 |
0.8 |
6.8 |
-0.1 |
11.4 |
| Electricity |
10.17 |
8.4 |
4.4 |
4.7 |
6.1 |
| Cement |
1.99 |
16.8 |
5.3 |
6.3 |
11.3 |
| Finished Steel |
5.13 |
6.2 |
2.5 |
4.2 |
1.8 |
| Overall |
26.68 |
7.0 |
3.9 |
4.5 |
4.5 |
Source: Concerned Ministries/Departments/Organization(s).
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