Eight core industries record 0.7% growth in May, cement and steel production up, ET Manufacturing
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The combined Index of Eight Core Industries ICI ) increased by 0.7 per cent in May compared to the same month last year, the Ministry of Commerce and Industry data showed on Friday.The production of cement coal , and refinery products recorded positive growth last month.The final growth rate of the Index of Eight Core Industries for February, March and April was observed at 3.4, 4.5 and 1.0 per cent, respectively, said the ministry.The cumulative growth rate of the ICI during April to May, 2025-26 is 0.8 per cent (provisional) as compared to the corresponding period of last year.In May, coal production increased by 2.8 per cent over May. Its cumulative index increased by 3.1 per cent during April to May, 2025-26 over the corresponding period of the previous year.Petroleum refinery production increased by 1.1 per cent in May. Its cumulative index declined by 1.7 per cent during April to May, 2025-26 over the corresponding period of the previous year, as per the ministry data.Steel production increased by 6.7 per cent and its cumulative index increased by 5.5 per cent during April to May, 2025-26 over the corresponding period of the previous year.Cement production also rose by 9.2 per cent in May. Its cumulative index increased by 7.8 per cent during April to May, 2025-26 over the corresponding period of the previous year.Electricity generation declined by 5.8 per cent in May, and its cumulative index declined by 2.2 per cent during April to May, 2025-26 over the corresponding period of the previous year.The ICI measures the combined and individual performance of the production of eight core industries -- coal, crude oil, natural gas, refinery products, fertilisers, 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), said the ministry.
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Core sector expands by 0.7% on year in May, Crude oil and Natural Gas output falls
The combined Index of Eight Core Industries (ICI) increased by 0.7 per cent (provisional) in May, 2025 as compared to the Index in May, 2024. The production of Cement, Steel, Coal and Refinery Products recorded positive growth in May, 2025. The Eight Core Industries comprise 40.27 percent of the weight of items included in the Index of Industrial Production (IIP). The final growth rate of Index of Eight Core Industries for February 2025, March 2025 and April 2025 was observed at 3.4, 4.5 and 1.0 per cent respectively. The cumulative growth rate of ICI during April to May, 2025-26 is 0.8 per cent (provisional) as compared to the corresponding period of last year. Here are the segment wise details of the Index of Eight Core Industries: Coal - Coal production (weight: 10.33 per cent) increased by 2.8 per cent in May, 2025 over May, 2024. Its cumulative index increased by 3.1 per cent during April to May, 2025-26 over corresponding period of the previous year. Crude Oil - Crude Oil production (weight: 8.98 per cent) declined by 1.8 per cent in May, 2025 over May, 2024. Its cumulative index declined by 2.2 per cent during April to May, 2025-26 over corresponding period of the previous year. Natural Gas - Natural Gas production (weight: 6.88 per cent) declined by 3.6 per cent in May, 2025 over May, 2024. Its cumulative index declined by 2.3 per cent during April to May, 2025-26 over corresponding period of the previous year. Petroleum Refinery Products - Petroleum Refinery production (weight: 28.04 per cent) increased by 1.1 per cent in May, 2025 over May, 2024. Its cumulative index declined by 1.7 per cent during April to May, 2025-26 over corresponding period of the previous year. Fertilizers - Fertilizer production (weight: 2.63 per cent) declined by 5.9 per cent in May, 2025 over May, 2024. Its cumulative index declined by 5.1 per cent during April to May, 2025-26 over corresponding period of the previous year. Steel - Steel production (weight: 17.92 per cent) increased by 6.7 per cent in May, 2025 over May, 2024. Its cumulative index increased by 5.5 per cent during April to May, 2025-26 over corresponding period of the previous year. Cement - Cement production (weight: 5.37 per cent) increased by 9.2 per cent in May, 2025 over May, 2024. Its cumulative index increased by 7.8 per cent during April to May, 2025-26 over corresponding period of the previous year. Electricity - Electricity generation (weight: 19.85 per cent) declined by 5.8 per cent in May, 2025 over May, 2024. Its cumulative index declined by 2.2 per cent during April to May, 2025-26 over corresponding period of the previous year.
Time of India
4 hours ago
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Eight core industries record 0.7% growth in May, cement and steel production up, ET Manufacturing
Advt Advt The combined Index of Eight Core Industries ICI ) increased by 0.7 per cent in May compared to the same month last year, the Ministry of Commerce and Industry data showed on production of cement coal , and refinery products recorded positive growth last final growth rate of the Index of Eight Core Industries for February, March and April was observed at 3.4, 4.5 and 1.0 per cent, respectively, said the cumulative growth rate of the ICI during April to May, 2025-26 is 0.8 per cent (provisional) as compared to the corresponding period of last May, coal production increased by 2.8 per cent over May. Its cumulative index increased by 3.1 per cent during April to May, 2025-26 over the corresponding period of the previous refinery production increased by 1.1 per cent in May. Its cumulative index declined by 1.7 per cent during April to May, 2025-26 over the corresponding period of the previous year, as per the ministry production increased by 6.7 per cent and its cumulative index increased by 5.5 per cent during April to May, 2025-26 over the corresponding period of the previous production also rose by 9.2 per cent in May. Its cumulative index increased by 7.8 per cent during April to May, 2025-26 over the corresponding period of the previous generation declined by 5.8 per cent in May, and its cumulative index declined by 2.2 per cent during April to May, 2025-26 over the corresponding period of the previous ICI measures the combined and individual performance of the production of eight core industries -- coal, crude oil, natural gas, refinery products, fertilisers, steel, cement, and Eight Core Industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP), said the ministry.
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