Output from India’s eight core industries grew 16.8% in May 2021, with six sectors reporting significant positive growth due to the base effects from May 2020.
About Core Sector:
The Office of Economic Adviser, Department for Promotion of Industry and Internal Trade releases Index of Eight Core Industries (ICI).
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% of the weight of items included in the Index of Industrial Production (IIP).
