Wednesday, May 6, 2015

Index of Eight Core Industries (ICI) - India

The Index of Eight Core Industries (ICI) measures performance of eight infrastructure industries, viz Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity, compiled at the base year of 2004-05. The cumulative growth rate of ICI during April-March, 2014-15 was 3.5 % as compared to 4.2 % during corresponding period of previous year. However, the production index of various core industries has displayed variation in both direction and magnitude. Crude Oil, Natural Gas, Refinery Products, Fertilizer and Steel have contributed to the lower growth in overall index during April-March, 2014-15 as compared to corresponding period of previous year. Industry wise details of the growth rates are given below:

Growth Rate of Core Industries (in %)

Industry
April-March 2013-14
April-March 2014-15
Coal
1.3
8.2
Crude Oil
-0.2
-0.9
Natural Gas
-13.0
-5.2
Refinery Products
1.5
0.4
Fertilizers
1.5
-0.1
Steel
11.5
0.5
Cement
3.1
5.6
Electricity
6.0
8.0
Overall Index
4.2
3.5

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