India's eight core industries' production loses steam, down 2.6% in Nov
New Delhi
31-December-2020
The production of India's eight major industries decelerated on both sequential and on year-on-year basis during November, as the output pace receded by (-) 2.6 per cent.
The Index of Eight Core Industries' reading in November showed a contraction greater than that of (-) 0.9 per cent registered in October.
Though not comparable, on a YoY basis, the growth rate stood at 0.7 per cent in November 2019.
ECI index comprises of 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP).
Besides, the Ministry of Commerce & Industry in a statement revised the ECI index production rate in August to (-) 6.9 per cent. - IANS
More Headlines
Delhi Police Use Fire Brigade Crane To Bring Down TN Farmers From Mobile Tower
NRI Medical Professional Pemmasani Chandra Sekhar: The Richest Candidate in Lok Sabha Elections 2024
AI-Enabled SaaS Platform Accacia Raises $6.5 Million in Funding
Natch Snacks and Recircles Team Up for Sustainable Waste Management
Hyderabad BJP Candidate Booked For Hurting Religious Sentiments
Delhi Police Use Fire Brigade Crane To Bring Down TN Farmers From Mobile Tower
NRI Medical Professional Pemmasani Chandra Sekhar: The Richest Candidate in Lok Sabha Elections 2024
AI-Enabled SaaS Platform Accacia Raises $6.5 Million in Funding
Natch Snacks and Recircles Team Up for Sustainable Waste Management
Hyderabad BJP Candidate Booked For Hurting Religious Sentiments