Core Industries grow by 10.4% during FY 2021-22
- Apr 30, 2022, 05.15 AM
- DealMoney News Service
The cumulative growth rate of Index of Eight Core Industries (ICI) during April-March 2021-22 was 10.4% (provisional) as compared to the corresponding period of last Financial Year.
The combined Index of Eight Core Industries stood at 157.3 in March 2022, which increased by 4.3 per cent (provisional) as compared to the Index of March 2021. Final growth rate of Index of Eight Core Industries for December 2021 is revised to 4.1% from its provisional level 3.8%.
The Office of Economic Adviser, Department for Promotion of Industry and Internal Trade released the Index of Eight Core Industries (ICI) for the Month of March, 2022.
Coal production (weight: 10.33 per cent) declined by 0.1 per cent in March, 2022 over March, 2021, while Crude Oil production (weight: 8.98 per cent) declined by 3.4 per cent in March, 2022 over March, 2021.
Natural Gas production (weight: 6.88 per cent) increased by 7.6 per cent in March, 2022 over March, 2021, while Petroleum Refinery production (weight: 28.04 per cent) increased by 6.2 per cent in March, 2022 over March, 2021.
Fertilizers production (weight: 2.63 per cent) increased by 15.3 per cent in March, 2022 over March, 2021.
Electricity generation (weight: 19.85 per cent) increased by 4.9 per cent in March, 2022 over March, 2021, while Cement production (weight: 5.37 per cent) increased by 8.8 per cent in March, 2022 over March, 2021.
