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Indicating improved industrial scenario, the output of eight core industries grew at 3.2 per cent in October 2015, which is the same level as that of September 2015.
“The combined Index of Eight Core Industries stands at 175.4 in October, 2015, which was 3.2 per cent higher compared to the index of October, 2014,” said an official release on Monday.
On a cumulative basis, the eight core industries grew at 2.5 per cent between April and October 2015 as against 5.6 per cent a year ago.
The eight core industries – coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity have a combined weight of 38 per cent in the Index of Industrial Production.
Fertiliser production grew at the fastest pace at 16.2 per cent in October, followed by cement production that rose by 11.7 per cent in the month under review.
Petroleum refinery production however contracted the most sharply by 4.4 per cent while crude oil production also dipped by 2.1 per cent in October 2015.
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