Coal production rose by 4.6% in January, a slight deceleration from the 5.3% growth seen in December. Similarly, crude oil production witnessed a decline of 1.1%, reversing the 0.6% growth recorded in the previous month. Natural gas production also contracted by 1.5%, although this marked an improvement from the 1.8% drop in December.
On a positive note, refinery products production surged by 8.3% in January, a significant increase from the 2.8% growth seen in December. Fertiliser production grew by 3%, compared to 1.7% growth in the previous month, reflecting stronger output in this sector. Steel production expanded by 3.7%, although this was slower than the 7.3% growth registered in December.
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Cement production showed a notable boost, rising by 14.5% in January, compared to just 4.6% in the prior month. Electricity production, however, grew at a slower pace, increasing by 1.3% in January, down from 6.2% growth in December.
Overall, while some sectors, like cement and refinery products, experienced strong growth, energy-related industries such as crude oil and natural gas continued to face challenges in January.
Sector | January 2025 Growth | |
Core Industries Growth | 4.60% | 4.80% |
Coal Production | 4.60% | 5.30% |
Crude Oil Production | -1.10% | 0.60% |
Natural Gas Production | -1.50% | -1.80% |
Refinery Products | 8.30% | 2.80% |
Fertiliser Production | 3% | 1.70% |
Steel Production | 3.70% | 7.30% |
Cement Production | 14.50% | 4.60% |
Electricity Production | 1.30% | 6.20% |
First Published: Feb 28, 2025 5:21 PM IST