Coal sector records highest growth of 11.6 per cent among eight core industries in February 2024

The coal sector has recorded the highest surge of 11.6 per cent (provisional) among the eight core industries in February 2024.

The Index of Eight Core Industries (ICI), with a base year of 2011-12, reveals that the coal industry’s index reached 212.1 points in February 2024, up from 190.1 points during the same period last year. This translates to a cumulative index increase of 12.1 per cent during April to February 2023-24 compared to the corresponding period of the previous year. The ICI, which assesses the production performance of key sectors including cement, coal, crude oil, electricity, fertilisers, natural gas, refinery products, and steel, witnessed an overall 6.7 per cent uptick in February 2024 compared to the previous year.

(Central)