City
Epaper

Eight core industries record 0.5 per cent growth in April

By IANS | Updated: May 20, 2025 18:42 IST

New Delhi, May 20 The combined index of eight core industries increased by 0.5 per cent in April ...

Open in App

New Delhi, May 20 The combined index of eight core industries increased by 0.5 per cent in April 2025 as compared to the same month of the previous year, according to data released by the Commerce and Industry Ministry on Tuesday.

The production of steel, cement, coal, electricity, and natural gas recorded positive growth in April this year, according to the official statement.

The eight core industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP) and are an indicator of the overall industrial growth.

Steel production, which has close to 18 per cent weight in the index increased by 3.0 per cent in April, 2025 compared to the same month of the previous year. Its cumulative index increased by 6.9 per cent during April to March, 2024-25 over the corresponding period of the previous year.

Cement production increased by 6.7 per cent during the month while its cumulative index increased by 6.3 per cent during April to March, 2024-25 over the corresponding period of the previous year.

Both the steel and cement sector have shown strong growth as the government’s massive investments in big ticket infrastructure projects such as highways, railways, seaports and airports have spurred demand for these products. Besides, there has also been a pick-up in the construction industry.

Electricity generation, which has a weight of close to 20 per cent in the index, increased by 1 per cent in April, 2025 over the same month of the previous year. Its cumulative index increased by 5.2 per cent during April to March, 2024-25 over the corresponding period of the previous year.

Coal production increased by 3.5 per cent in April 2025 over the same month last year, with its cumulative growth at 5.1 per cent during April to March, 2024-25 over corresponding period of the previous year.

Natural gas production increased by 0.4 per cent in April this year compard to the same month last year. However, crude oil production declined by 2.8 per cent during the month compared to April 2024 year due to the ageing oilfields of ONGC.

Petroleum refinery production declined by 4.5 per cent in April, 2025 over the same month last year. Its cumulative index increased by 2.8 per cent during April to March, 2024-25 over the corresponding period of the previous year.

Fertiliser production declined by 4.2 per cent in April 2025, over the same month last year while its cumulative index increased by 2.9 per cent during April to March, 2024-25 over corresponding period of the previous year.

The final growth rate of the eight core industries for January 2025 was observed at 5.1 per cent. The cumulative growth rate of the core sector during April to March, 2024-25 now works out to 4.5 per cent as compared to the corresponding period of last year, the official statement said.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalMoS Kirti Vardhan Singh to represent India at Myanmar President's inauguration ceremony

NationalMoS Kirti Vardhan Singh to represent India at Myanmar President's inauguration ceremony

NationalForeign mercenary plot: Delhi court sends seven foreign nationals to 30 days judicial custody

NationalAdilabad, long hit by poor connectivity, to get airport: T’gana CM​

NationalKerala Police begins probe into officials' 'fight' during PM Modi’s election rally

Business Realted Stories

BusinessMoody’s keeps India rating at Baa3 with stable outlook

BusinessMaha govt assures fuel stability, says no need to panic​

BusinessWorld shifting from 'shocks' to 'permanent volatility' amid global conflicts, trade disruptions: FM Nirmala Sitharaman

BusinessRBI retains FPI investment caps on G-Secs, SGSs, corporate bonds, total debt limit raised to Rs 16.32 lakh crore

BusinessRBI cancels license of Shirpur Merchants’ Co-operative Bank over weak financial position