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Eight core industries output grows 56.1% in April on low-base effect However, the industrial output declined 15.1 per cent as compared to March 2021, with all eight industries registering a decline in output. Rai Vinaykumar | May 31, 2021 | Updated 18:19 IST For FY21, output of the eight core industries declined 6.5 per cent as compared to the earlier year. The output of eight core industries grew 56.1 per cent year-on-year (YoY) in April 2021 on a low-base effect as industrial production was very low in the year-ago month because of a nationwide lockdown. However, the industrial output declined 15.1 per cent as compared to March 2021 due to the emergence of second wave of COVID-19 pandemic, with all eight industries registering a decline in output. ....