Infrastructure output in July 2021: The output of the eight core infrastructure sectors rose to 9.4 percent in July 2021, compared to the same month last year, government data showed on Tuesday, Aug. 31. the pandemic-induced lockdown hit industrial activity across the country. The eight core industries make up 40.27 percent of the total weight of the items included in industrial output or the Index of Industrial Production (IIP). (Also read: Infrastructure output of core sectors up 8.9% in June 2021)
The combined index of the eight core industries stood at 134.0 in June 2021, according to preliminary data released today by the Ministry of Trade and Industry. In the same period last year, the combined index was 122.5. Infrastructure production growth last month was mainly driven by the cement, coal and natural gas sectors.
Infrastructure output — which includes the eight core sectors such as electricity, coal and crude oil — grew 21.2 percent in the April-July period of the current fiscal year, compared to a 19.8 percent de-growth in the corresponding fiscal year. period last year.
Production of cement, coal and natural gas increased by 21.8 percent, 18.7 percent and 18.9 percent, respectively.
Production from petroleum refineries, fertilizers, steel and electricity sectors also grew in July, increasing 6.7 percent, 0.5 percent, 9.3 percent and nine percent, respectively, compared to the corresponding period last year.
Crude oil is the only sector to record a 3.2 cent drop in production last month, according to data from the Commerce Department. This sector also showed de-growth in June 2021.