India’s core industries mark 11.6% growth in August 2021: Government data

India’s core industrial sector saw a growth of 11.6 per cent in the month of August, the Index of Eight Core Industries (ICI) released by the Ministry of commerce & industry stated on Thursday. This is a stark improvement from last year when the industries had contracted by 6.9 per cent, the data showed. The country’s eight core industries include coal, crude oil, natural gas, refinery products, fertilizers, steel, cement and electricity.

These comprise 40.27 per cent of the weight of items included in the overall Index of Industrial Production (IIP). It is for the third month in a row that the core sectors have posted growth.