New Delhi: Riding on the back of sharp increase in crude oil production, the core industries registered a growth of 5.9 per cent during the financial year 2010-11 as compared to 5.5 per cent during the corresponding period of the last fiscal.

With contributions of fertilizer and natural gas on a rise in the economy, sources suggest, they can now be included in the list of core industry to present the accurate figure of industrial growth.

Presently, core industries include crude oil, cement, electricity, steel, petroleum refinery products and coal.

According to government statistics, only crude oil, petroleum refinery products and steel managed to fare better during the financial year 2010-11 in comparison to last fiscal.

Crude oil production registered a growth of 12 percent during 2010-11 while the production of finished steel showed a growth of 8.2 percent.

Electricity generation grew 5.6 percent during fiscal 2010-11 which is lower as compared to 6.2 percent in 2009-10. Cement production grew by 4.5 percent during April-March 2010-11 as compared to 10.5 percent during the same period during the last fiscal.

JPN/Bureau