The combined Index of Eight Core Industries grew at 18.1 percent (provisional)in May 2022 as compared to the Index of May 2021. The Index stood at 148.1 in May 2022. The production of Cement, Coal, Fertilizers and Electricity industries recorded high growth in May 2022 over the corresponding period of last year. Coal industries grew by 25.1% and Fertilizer industries were up by 22.8%. While the cement industries zoomed by 26.3%, the electricity sector increased by 22%.
The Department for Promotion of Industry and Internal Trade released the Index of Eight Core Industries (ICI) for the Month of May, 2022
