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India’s core industries output rises 3.2% in August

India's core industries output rises 3.2% in AugustNew Delhi, Sep 30 (IANS) India's select industrial output rose by 3.2 per cent in August from a growth of 3.00 per cent in July, official data showed on Friday.

The gauge for select factory output -- Index of Eight Core Industries (ECI) -- had risen by 3.2 per cent in the corresponding month of 2015.

The cumulative growth during April to August stood at 4.5 per cent.

 

The data which represents the output of major infrastructure sectors was released by the Ministry of Commerce & Industry.

The ECI comprises nearly 38 per cent weightage of the items included in the Index of Industrial Production (IIP).

The index includes sectors like coal, crude oil, natural gas, refinery products, fertilisers, steel (alloy and non-alloy), cement and electricity.

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