Contact Your Financial Adviser Money Making MC
31
May 2018
 |
Industries (The Total Investment & Insurance Solutions)
The output of India's eight major industries
accelerated by 4.7 per cent in April from a rise of 4.4 per cent in March,
official data showed on Thursday.
"The combined Index of Eight Core
Industries stands at 124.2 in April, 2018, which was 4.7 per cent higher as
compared to the index of April, 2017," the Ministry of Commerce &
Industry said in a statement.
"Its cumulative growth during April to
March, 2017-18 was 4.3 per cent."
According to the ministry, the 'Index of
Eight Core Industries' (ECI), which represent major sectors like coal, steel,
cement and electricity showed an uptrend on a year-on-year (YoY) basis. The Total Investment & Insurance Solutions
The index had registered a rise of 2.6 per
cent during the corresponding month of 2017. The Total Investment & Insurance Solutions
The ECI index carries 40.27 per cent
weightage of the Index of Industrial Production (IIP) which is the macro-gauge
for India's factory output.The Total
Investment & Insurance Solutions
No comments:
Post a Comment