12.1% growth has been recorded in the output of core industries in October 2023
- A 12.1% growth has been recorded in the output of core industries in October 2023.
- In October 2023, positive growth has been recorded in all the eight industries.
- In the same month of last fiscal (October 2022), 0.7% growth was recorded.
- Eight core industries output growth for September 2023 has been revised by the government upwards to 9.2%.
- Eight core industries output growth for August 2023 has now been revised up to 12.5%. The data for July 2023 has been revised up to 8.5%.
- The output of core industries for April-October 2023 grew 8.6% (provisional).
- Core industries output grew 7.6% in fiscal 2022-23. This is lower than the 10.4% growth in the previous fiscal.
- Coal sector output has shown a growth of 18.1% in October 2023.
- For October 2023, the cement sector output grew 17.1% and the electricity sector grew 20.3%. For October 2023, natural gas output grew 9.9%.
- For the same month, refinery products, fertilisers, and Steel grew at 4.2%, 5.3% and 11%, respectively. Crude oil output grew at 1.3%.
