Rapid Fire
Index of Eight Core Industries (ICI)
- 02 Jan 2025
- 2 min read
The combined Index of Eight Core Industries (ICI) recorded a 4.3% growth in November 2024 compared to November 2023.
- The Index of Eight Core Industries (ICI) is released by the Office of Economic Advisor, under the Ministry of Commerce and Industry.
- The ICI measures the combined and individual performance of production of eight core industries viz. Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity.
- The Eight Core Industries account for 40.27% of the total weight in the Index of Industrial Production (IIP), indicating their significant influence on overall industrial performance as measured by the IIP.
|
Industry |
Weight (%) |
|
Refinery Products |
28.04% |
|
Electricity |
19.85% |
|
Steel |
17.92% |
|
Coal |
10.33% |
|
Crude Oil |
8.98% |
|
Natural Gas |
6.88% |
|
Cement |
5.37% |
|
Fertilizers |
2.63% |
- About IIP: It is an index that measures short-term changes in the volume of production across key economic sectors like mining, electricity, and manufacturing in India.
- It is published monthly by the Central Statistical Organisation (CSO). Data is released six weeks after the reference month.
- Reflects production changes compared to a base year (2011-2012).
Read More: Core Sector Industries
