Infrastructure Output Of Core Sectors Rises 9.4% In July 2021

Infrastructure Output in July 2021: The output of the eight core infrastructure sectors rose to 9.4 per cent in July 2021, compared to the same month last year, government data showed on Tuesday, August 31. The infrastructure output witnessed a de-growth of 7.6 per cent in July 2020 when the pandemic-induced lockdown hit industrial activity across the country. The eight core industries comprises 40.27 per cent of the total weight of the items included in the industrial output or the Index of Industrial Production (IIP). (Also Read: Infrastructure Output Of Core Sectors Rises 8.9% In June 2021 )

The combined index of the eight core industries stood at 134.0 in June 2021, according to provisional data released by the Ministry of Commerce and Industry today. In the year-ago period, the combined index was 122.5. The growth in the infrastructure output last month was mostly driven by the cement, coal, and natural gas sectors.

The infrastructure output - which comprises the eight core sectors such as electricity, coal, crude oil, among others, recorded a growth of 21.2 per cent in April-July period of the current fiscal, compared to a de-growth of 19.8 per cent in the corresponding period last year.

The production of cement, coal, and natural gas sectors increased by 21.8 per cent, 18.7 per cent, and 18.9 per cent, respectively. 

The production of petroleum refinery products, fertilizers, steel, and electricity sectors also registered growth in July, increasing by 6.7 per cent, 0.5 per cent, 9.3 per cent, and nine per cent, respectively, compared to the corresponding period last year.

Crude oil is the only sector that registered a de-growth in production last month at 3.2 cent, according to Commerce Ministry data. This sector recorded a de-growth in June 2021 as well.