As per the Index of eight Core Industries (ICI)) for the month of October 2023, released by the Ministry of Commerce & Industries, the Index of Coal Industry has showcased last 16 months highest growth of 18.4% (provisional) reaching 172.6 points compared to 145.8 points during the same period of last year. The cumulative index increased by 13.1 per cent during April to October, 2023-24 over corresponding period of the previous year.
The latest data indicates that the Combined Index of eight Core Industries has shown noteworthy increase of 12.1% (Provisional) in October 2023, compared to the same period of previous year. The ICI measures the combined and individual production performance of eight core industries, viz. cement, coal, crude oil, electricity, fertilizers, natural gas, refinery products, and steel.
