: Saturday, 29 March 2025 10:12 am
New Delhi . According to the recently released data by the Ministry of Commerce and Industry, due to a positive increase in production of cement, fertilizer, steel, electricity, coal and refinery products, the joint index of eight core industry (ICI) increased by 2.9 percent in February this year.
Earlier, the final growth rate of the eight core industry index for November 2024 was seen as 5.8 percent. According to the ministry, the cumulative growth rate of ICI during April to February 2024-25 is 4.4 percent compared to the same period last year.
Coal production increased by 1.7 percent in February 2025 this time compared to February 2024. Its cumulative index rose 5.6 percent from the same period last year during April to February, February 2024-25.
Steel production increased by 5.6 percent in February and its cumulative index increased by 6.5 percent during the same period last year during April to February 2024–25.
Petroleum refinery production in February 2025 increased by 0.8 percent compared to February 2024. Its cumulative index rose 3.1 percent from the same period last year during April to February, February 2024-25.
Fertilizer production increased by 10.2 percent last month during 2024-25 and its cumulative index increased 2.4 percent during the same period last year during April to February 2024-25.
Cement production increased by 10.5 percent during April to February and its cumulative index increased by 5.1 percent.
According to the ministry, power generation in February 2025 increased by 2.8 percent compared to February 2024. During April to February 2024-25, its cumulative index rose 4.9 percent compared to the same period last year.
The ICI measures the joint and individual performance of the production of the eight major industry.
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Web Title-Core Sector Industry registered a growth of 2.9 percent in February this year: Center
