Index of Eight Core Industries (ICI) grew by 0.5% in April 2025

The Index of Eight Core Industries (ICI) grew by 0.5% in April 2025 compared to April 2024. Positive growth was recorded in the production of Cement, Coal, Steel, Electricity, and Natural Gas.

The Eight Core Industries — Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement, and Electricity — account for 40.27% of the IIP (Index of Industrial Production).

  • Cumulative growth of ICI from April 2024 to March 2025 was 4.5%.
  • Final growth for January 2025 stood at 5.1%.

Industry-wise Performance in April 2025 (YoY):

  • Cement: ↑ 6.7%
  • Coal: ↑ 3.5%
  • Steel: ↑ 3.0%
  • Electricity: ↑ 1.0%
  • Natural Gas: ↑ 0.4%
  • Crude Oil: ↓ 2.8%
  • Fertilizers: ↓ 4.2%
  • Refinery Products: ↓ 4.5%

Additional Notes:

  • Data for Feb, Mar, and Apr 2025 are provisional.
  • Renewable energy is included in electricity generation since April 2014.
  • A new steel product, HRPO, is included since March 2019.
  • The next ICI release (for May 2025) will be on 20th June 2025.

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