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Coal sector records 10.2% growth rate among eight key infra sectors in May

Business Standard LogoBusiness Standard2d ago

Coal sector records 10.2% growth rate among eight key infra sectors in May - Business Standard

Quick Summary:

"The coal sector has demonstrated highest growth of 10.2 per cent (provisional), following the electricity industry among the eight core industries for the month of May, 2024 as per the Index of Eight Core Industries (ICI)) (Base Year 2011-12) released by Ministry of Commerce & Industries," the coal ministry said in a statement.

The coal sector has registered a growth of 10.2 per cent among all eight core industries of the economy in May, the government said on Thursday.

This increase in production underscores the sector's capacity to meet growing demand of energy and manufacturing industries.


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Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-04 @ 18:32:24 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 446 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21481482

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 100 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

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Publisher ID: #49

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