The Indian cement industry shows recovery in production during the current financial year contrary to last financial year. According to the Indian Economic Survey 2017-18, which tracks output of the country's eight core industries, the domestic cement sector saw a production growth of 0.6 per cent during the period April-November 2017-18. This compares to -1.2 per cent in FY16-17 (April-March) after recording a growth of 4.6 per cent in FY15-16.
The eight core infrastructure supportive industries (coal, crude oil, natural gas, petroleum refinery products, fertilisers, steel, cement and electricity) have a total weight of nearly 40 per cent in the Index of Industrial Production (IIP) with the cement industry accounting for 5.4 per cent. They attained a cumulative growth of 3.9 per cent during April-November 2017-18 over the corresponding period of previous year.
Output in the coal, natural gas, refinery products, steel, cement and electricity sectors expanded.
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