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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