India’s core industries saw a big jump in production, rising to 4.3% in December from 3.1% in November. This information comes from official data shared on Tuesday.
The Index of Eight Core Industries (ICI) looks at how much eight important sectors are producing. These include cement, coal, crude oil, electricity, fertilizers, natural gas, refinery products, and steel.
The output from these sectors matters a lot, contributing to about 40.27% of all industrial production in India. This overall production is measured by the Index of Industrial Production (IIP).
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