Core Industries Output posts a robust growth of 18.1 per cent in May this year against 16.4 last year

Index of Eight Core Industries (ICI) posted robust growth of 18.1 per cent in May this year against 16.4 per cent in the corresponding month of previous year. According to the Commerce and Industry Ministry data released today, the growth can be attributed to increased production in cement, coal, fertilizers and electricity industries over the same period of last fiscal. In April this year, eight core sectors logged growth of 8.4 per cent.   In the reported period of May 2022, the cement industr...