+
 Eight core sectors’ output records growth of 3.1 % in Nov
COAL & MINING

Eight core sectors’ output records growth of 3.1 % in Nov

According to the data released by the government, the total output of the eight core industrial sectors increased by 3.1 % in the month of November. The rate is by far the lowest since February last year.

Positive growth has been recorded in November 2021 by all the other sectors excluding crude oil and cement.

The same eight core sectors had a growth rate of 8.4 % in October 2021. The growth rate of the eight sectors in February last year was 3.3%.

The eight infrastructure sectors which include crude oil, refinery products, natural gas, coal, fertilisers, cement, steel, and electricity had a growth rate of 13.7% in the April-November period of 2021, which was better than the growth rate of 11.1% during the same period in 2020.

Data shows that in November, the production of coal increased by 8.2 % and natural gas by 23.7 %. Refinery products saw an increase of 4.3 % and fertilisers of 2.5 %. Steel and electricity also rose by 0.8 % and 1.5 % respectively.

Among the items considered while calculating the Index of Industrial Production (IIP), 40.27% weightage is from the above mentioned eight core sectors.

Image Source

According to the data released by the government, the total output of the eight core industrial sectors increased by 3.1 % in the month of November. The rate is by far the lowest since February last year. Positive growth has been recorded in November 2021 by all the other sectors excluding crude oil and cement. The same eight core sectors had a growth rate of 8.4 % in October 2021. The growth rate of the eight sectors in February last year was 3.3%. The eight infrastructure sectors which include crude oil, refinery products, natural gas, coal, fertilisers, cement, steel, and electricity had a growth rate of 13.7% in the April-November period of 2021, which was better than the growth rate of 11.1% during the same period in 2020. Data shows that in November, the production of coal increased by 8.2 % and natural gas by 23.7 %. Refinery products saw an increase of 4.3 % and fertilisers of 2.5 %. Steel and electricity also rose by 0.8 % and 1.5 % respectively. Among the items considered while calculating the Index of Industrial Production (IIP), 40.27% weightage is from the above mentioned eight core sectors. Image Source

Next Story
Real Estate

Heena Lalwani Buys Rs 1.13 Billion Juhu Apartment

Heena Lalwani, promoter of Aatman Innovations Private Limited, has purchased a luxury apartment worth Rs 1.13 billion in Mumbai’s upscale Juhu locality, according to property registration documents accessed by Zapkey.com.The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was acquired at Rs 115,000 per sq ft and comes with five car parking spaces. The deal, registered on 18 August 2025, also included the payment of Rs 68 million in stamp duty and a Rs 30,000 registration fee.Lodha Developers did not respond to queries regarding the transaction, while the..

Next Story
Real Estate

Godrej Buys KPHB Land for Rs 7 Billion in E-Auction

An acre of prime land in Kukatpally Housing Board (KPHB), Hyderabad, was auctioned for Rs 7 billion, with the Telangana Housing Board generating Rs 5.47 billion from the sale of 7.8 acres through e-auction on 20 August 2025.The auction notification was issued last month, attracting bids from Godrej Properties, Aurobindo Realty, Prestige Estates, and Ashoka Builders, according to Board vice-chairman V.P. Gautham. With an offset price of Rs 4 billion per acre, the three-hour auction saw 46 bid increases, before Godrej Properties acquired the land.Revenue generated from the auction will be utilis..

Next Story
Real Estate

HMDA to Auction 93 Prime Plots in September

The Hyderabad Metropolitan Development Authority (HMDA) is preparing to conduct a three-day auction of prime open plots across Hyderabad, Rangareddy, and Medchal-Malkajgiri districts this September.According to official reports, the e-auction will take place on 17, 18, and 19 September, offering 93 plots. Of these, 70 are located in the Bachupally HMDA layout, with the remainder spread across Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, Medipally, and Bachupally village.The highest upset price has been fixed at Rs 175,000 per square yard for a land parce..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?