Skip to main content

India’s core sector growth buoyed by fertiliser and electricity generation

Published by
World Cement,

India’s core sector registered growth of 3.2% in September, compared to 2.6% in August, the fastest rise in four months. The combined Index of Eight Core Industries – crude oil, petroleum refinery products, natural gas, fertilisers, coal, electricity, cement and finished steel – stood at 166.8 in September 2015, meaning a cumulative growth in the April – September period of 2.3%, lower than the 5.1% achieved in the same period of the previous year.

The most successful industries were fertilisers and electricity generation, with double-digit growth, while coal grew at a slower pace of 1.9%, an increase from August but a decrease y/y. Cement and steel production both declined month/month and in the April – September period. Cement decreased by 1.5% in September against growth of 5.4% in August, while steel fell 2.5%. This has raised some concern over economic momentum, with some analysts casting doubt over the significance of the combined figures as an indicator of growth when the majority of core sectors achieved either sub-2% growth or declined.

Edited from various sources by


Read the article online at:

You might also like



WCT2020 provides a unique online forum for cement industry professionals to hear first-hand from experts through a series of exclusive presentations from cement producers and industry experts.

Find out more and register for the series »



World Cement Spotlight with Rockwell Automation

World Cement Editor, David Bizley, sat down with Michael Tay, Advanced Analytics Product Manager at Rockwell Automation to discuss his recent article in World Cement.

Entitled ‘Smooth Sailing’, this article explains how machine learning can help save energy, reduce downtime and predict equipment failures, thus enabling the smooth running of cement plant operations.

Watch the interview now »


Embed article link: (copy the HTML code below):