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Business EconomyPosted at: Mar 28 2025 8:36PM


Eight core industries growth slows down to 2.9 pc in February

New Delhi, Mar 28 (UNI) The output of key infrastructure sectors including Cement, Fertilizers, Steel, Electricity, Coal and Refinery Products slowed down to 2.9 percent in the month of February, 2025, versus 7.1 percent in the same month last year, according to official data released by the Government on Friday.
The Index of Core Industries (ICI) measures the combined and individual performance of production of eight core industries viz. Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity. The Eight Core Industries comprise 40.27 percent of the weight of items included in the Index of Industrial Production (IIP).
Coal production increased by 1.7 percent in February, 2025 over February, 2024. Its cumulative index increased by 5.6 percent during April to February, 2024-25 over corresponding period of the previous year, the Ministry of Commerce & Industry said in a statement.
Crude Oil production declined by 5.2 percent during the month under consideration over February, 2024. Its cumulative index declined by 2.2 percent during April to February, 2024-25 over corresponding period of the previous year, the statement said, adding that the Natural Gas production also declined by 6.0 percent in February, 2025 over February, 2024.
Petroleum Refinery production, however, grew marginally by 0.8 percent in February, 2025 over February, 2024. Its cumulative index increased by 3.1 percent during April to February, 2024-25 over corresponding period of the previous year.
Fertilizer production increased by 10.2 percent in February, 2025 over February, 2024 while its cumulative index increased by 2.4 percent during April to February, 2024-25 over corresponding period of the previous year.
Another core infrastructure sector -- steel production, with a weightage of 17.92 percent, increased by 5.6 percent during February this year over February, 2024. Its cumulative index increased by 6.5 percent during April to February, 2024-25 over corresponding period of the previous year.
Cement production increased by 10.5 percent in February, 2025 over February, 2024. Its cumulative index increased by 5.1 percent during April to February, 2024-25 over corresponding period of the previous year, it said, adding the Electricity generation grew 2.8 percent in February, 2025 over February, 2024. Its cumulative index increased by 4.9 percent during April to February, 2024-25 over corresponding period of the previous year.
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