Production in eight major sectors hits a four-month high of 5.8%

05 Apr 2022 CW Team

In February, the low base effect and strong performance in the steel, cement, coal, natural gas, refinery products, and power segments saw production in eight major core sectors rise to a four-month high.

According to the Department for Promotion of Industry and Internal Trade (DPIIT) report, the eight infrastructure sectors, including coal, crude oil, natural gas, refinery products, fertilisers, steel, cement, and electricity, rose an annual 5.8% in February, compared to 4% in January and a contraction of 3.3% the last month.

The only industries that saw a decrease were oil and fertilisers.

The eight-core sectors account for 40.1% of the total weight of items in the industrial production index (IIP). The IIP data will be available later this month.

With the government's infrastructural drive and an increase in the construction industry, steel and cement have expanded by 5.7% and 5%, respectively.

As per Madan Sabnavis, chief economist at Bank of Baroda, the growth was 12.6% the previous year. So, the March estimate might be negative. IIP growth for February is likely to be about 3%.

Image Source

Also read: Rishi S of Sanghvi Movers: We are seeing demand across sectors

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..