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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Time of India

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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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India's eight core infrastructure sectors grew by just 0.7% in May 2025, marking the slowest pace in nine months, according to official data released by the commerce ministry on Friday. The previous low was recorded in August 2024, when the index had contracted by 1.5%. In April this year, core sector growth had come in at 1%. The eight sectors had expanded by 6.9% in May 2024. The Index of Eight Core Industries (ICI) — which makes up 40.27% of the Index of Industrial Production (IIP) — was pulled down by contractions in crude oil, natural gas, fertilisers, and electricity. The data was released by the Department for Promotion of Industry and Internal Trade (DPIIT). During April–May FY26, the combined growth in the eight sectors stood at 0.8%, sharply lower than 6.9% in the same period last year. Among the individual sectors: Cement output rose 9.2% YoY in May, while steel production expanded 6.7% Coal and refinery products grew at 2.8% and 1.1% respectively Crude oil production contracted 1.8%, natural gas fell 3.6% Fertiliser output slipped 5.9%, while electricity generation dropped 5.8% The government will release the full IIP data later next month, which includes manufacturing, mining and electricity indices in addition to the eight core sectors. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now