Industrial output rises 3.2% in August

New Delhi: India's select industrial output rose by 3.2 per cent in August on the back of higher production of steel, fertilisers and refinery products, official data showed on Friday.

The gauge for select factory output -- Index of Eight Core Industries (ECI) -- had increased by 3.00 per cent in July and had risen by 3.2 per cent in the corresponding month of 2015.

The cumulative growth during April to August increased by 4.5 per cent.

The data which represents the output of major infrastructure sectors was released by the Ministry of Commerce & Industry.

The ECI comprises of nearly 38 per cent weightage of the items included in the Index of Industrial Production (IIP).

The index includes sectors like coal, crude oil, natural gas, refinery products, fertilisers, steel (alloy and non-alloy), cement and electricity.

Under the ECI, steel, fertilisers, refinery products and cement reported healthy output, whereas production of coal, natrual gas and crude oil declined. (IANS)