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Photo credit: PI Industries website
The index of eight core industries (ICI) measures combined and individual performance of production of core industries viz. coal, crude oil, natural gas, refinery products, fertilizers, steel, cement and electricity. They comprise 40.27 percent of the weight of items included in the Index of Industrial Production (IIP). Coal production growth declined to 9 per cent in April this year. India’s infrastructure output for April slowed to 3.5% from 3.6% a month earlier and also sharply eased from 9.5% growth a year earlier.
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First Published: May 31 2023 | 8:11 AM IST
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