Indian cement sees growth in industrial production table

Indian cement sees growth in industrial production table
15 February 2018

The Indian cement industry shows recovery in production during the current financial year contrary to last financial year. According to the Indian Economic Survey 2017-18, which tracks output of the country's eight core industries, the domestic cement sector saw a production growth of 0.6 per cent during the period April-November 2017-18. This compares to -1.2 per cent in FY16-17 (April-March) after recording a growth of 4.6 per cent in FY15-16.

The eight core infrastructure supportive industries (coal, crude oil, natural gas, petroleum refinery products, fertilisers, steel, cement and electricity)  have a total weight of nearly 40 per cent in the Index of Industrial Production (IIP) with the cement industry accounting for 5.4 per cent. They attained a cumulative growth of 3.9 per cent during April-November 2017-18 over the corresponding period of previous year.
Output in the coal, natural gas, refinery products, steel, cement and electricity sectors expanded. 

Published under Cement News

Tagged Under: India production