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Coal, petroleum products' production fuel Oct core industry growth
TIWN
TIWN
PHOTO : TIWN
New Delhi, Dec 1 (TIWN) Healthy productions of coal, petroleum products as well as eased Covid restrictions lifted the growth of India's eight major industries in October on a year-on-year and sequential basis.
On a sequential basis, the Index of Eight Core Industries' (ICI) readings for last month showed a faster rate of expansion at 7.5 per cent (provisional) from a rise of 4.5 per cent (provisional). Similarly, on a year-on-year basis, the ICI readings during the period under review was higher than (-) 0.5 per cent reported for October, 2020.
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