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India’s primary sector growth to increase to 6.2% in April 2024 from 6% in March

India’s core sectors grew by 6.2% in April 2024 compared to 6% in the previous month of March. The growth was driven by healthy growth in the production of natural gas, refined products and electricity, according to official data released on Friday.

The eight main sectors include coal, petroleum, natural gas, refined products, fertilizers, steel, cement and electricity.

In April 2023, the primary sector growth was 4.6%.

Official data showed that fertilizer production recorded negative dynamics in April.

The dynamics of coal, steel and cement production slowed down to 7.5%, 7.1%, respectively. and 0.6 percent compared to 9.1% and 16.6% respectively. and 12.4 percent in April 2023.

Eight major sectors contribute 40.27% to the country’s Index of Industrial Production (IIP).

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  • Mohammad Haris

    Haris is the Deputy Editor of News (Business) at news18.com. He writes on various topics

    first published: May 31, 2024, 17:08 CEST