The combined index for eight core industries rose 6 per cent in February as compared last year. According to the data released by the Centre on Friday, the production of Fertilizers, Coal, Electricity, Cement, Steel, Refinery Products and Natural Gas increased in February 2023 over the corresponding month of last year.
The index measures combined and individual performance of production of eight core industries namely Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity.
At 22.2 per cent year-on-year (YoY), the sharpest jump was noted in fertiliser production.
“Fertilizers production increased by 22.2 per cent in February, 2023 over February, 2022,” the announcement read.