Index of Eight Core Industries (ICI) January 2025 Report: Key Insights and Economic Impact
| Aspect | Details |
|---|---|
| Why in News? | The Index of Eight Core Industries (ICI) report for January 2025 has been released, showing a YoY growth of 4.2%. |
| What is ICI? | An economic indicator tracking the performance of eight key industries, contributing 40.27% to the Index of Industrial Production (IIP). |
| Eight Core Industries | Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement, Electricity |
| ICI Growth in January 2025 | 4.2% YoY growth, up from 3.5% in December 2024. |
| Cumulative Growth (Apr 2024-Jan 2025) | 6.1% compared to 5.3% in the same period of the previous financial year. |
| Coal Industry | Grew by 8.5% in January 2025; cumulative growth at 9.2%. |
| Crude Oil Production | Declined by 2.1% in January 2025; cumulative decline of 1.5%. |
| Natural Gas Production | Increased by 3.8%; cumulative growth at 4.2%. |
| Refinery Products | Grew by 5.3%; cumulative growth at 6.5%. |
| Fertilizer Production | Grew by 2.7%; cumulative growth at 3.9%. |
| Steel Industry | Grew by 6.8%; cumulative growth at 7.1%. |
| Cement Industry | Increased by 5.6%; cumulative growth at 5.9%. |
| Electricity Generation | Grew by 4.1%; cumulative growth at 5.3%. |
| Key Takeaways | Strong growth in coal, steel, and refinery products; crude oil production declined; government support boosted fertilizers, cement, and electricity; stable industrial momentum with 6.1% cumulative growth. |