Combined Index of Eight Core Industries stood at 126.7 in September 2021
Zee News
Index of Eight Core Industries (ICI) basically measures the combined and individual performances of production in selected eight core industries: Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity.
New Delhi: Index of Eight Core Industries (ICI) for the Month of September stood at 126.7, the Office of Economic Adviser, Department for Promotion of Industry and Internal Trade announced on October 29. The September number marks a 4.4 per cent rise as compared to the Index of September 2020.
The index basically measures the combined and individual performances of production in selected eight core industries: Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity.
Overall, the eight industries mentioned above comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP). The production in the eight industries increased in September 2021 over the corresponding period of last year, signalling the growth of the overall economy.