Index of Eight Core Industries (ICI)

Context: Recent data showed a slowdown in the Index of Eight Core Industries, indicating weakening core sector growth.

Key Facts:

  • Measures performance of 8 core infrastructure industries
  • Released monthly by the Office of Economic Adviser, Ministry of Commerce & Industry. Base Year: 2011–12 = 100.
  • Components: Coal, Crude Oil, Natural Gas, Refinery Products, Fertilisers, Steel, Cement, Electricity
  • Weight: Accounts for ~40% of IIP
  • IIP: ICI forms a major part of Index of Industrial Production (IIP). Base Year: 2011–12 = 100
  • Published by: National Statistical Office (NSO), Ministry of Statistics & Programme Implementation
  • Sectors: Mining, Manufacturing (largest share), and Electricity

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