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Core sector output increases 3.5% on year in April 2023
31-May-23   17:31 Hrs IST

The combined Index of Eight Core Industries (ICI) increased by 3.5 per cent (provisional) in April 2023 as compared to the Index of April 2022. The production of Fertilizers, Steel, Cement and Coal increased in April 2023 over the corresponding month of last year. ICI measures combined and individual performance of production of eight core industries viz. Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity. Final growth rate of Index of Eight Core Industries for January 2023 is recorded 9.7 per cent. The cumulative growth rate of ICI during 2022-23 reported 7.7 per cent (provisional) as compared to the corresponding period of last year.

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