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Core industries grow by 10.4 pc during FY 2021-22

New Delhi:  The cumulative growth rate of Index of Eight Core Industries (ICI) during April-March 2021-22 was 10.4 per cent (provisional) as compared to the corresponding period of last financial year. The combined Index of eight core industries stood at 157.3 in March 2022, which increased by 4.3 per cent (provisional) as compared to the Index of March 2021. Final growth rate of index of eight core industries for December 2021 is revised to 4.1 per cent from its provisional level 3.8 per cent.

The Office of Economic Adviser, Department for Promotion of Industry and Internal Trade released the ICI for the month of March, 2022. ICI measures combined and individual performance of production in selected eight core industries, viz., coal, crude oil, natural gas, refinery products, fertilizers, steel, cement and electricity. The eight core industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP). /BI/