The Index of Eight Core Industries (ICI) for October 2025, with a base year of 2011-12=100, remained unchanged at 162.4 (provisional) compared to October 2024. Fertilizer, Steel, Cement, and Petroleum Refinery products recorded positive growth. The final growth rate of the ICI for September 2025 was 3.3 per cent. The cumulative growth rate from April to October, 2025-26, is 2.5 per cent (provisional).
Here's a breakdown by sector:
* **Coal:** Production declined by 8.5 per cent. Cumulative index declined by 2.0 per cent. (Weight: 10.33 per cent)
* **Crude Oil:** Production declined by 1.2 per cent. Cumulative index declined by 1.1 per cent. (Weight: 8.98 per cent)
* **Natural Gas:** Production declined by 5.0 per cent. Cumulative index declined by 3.1 per cent. (Weight: 6.88 per cent)
* **Petroleum Refinery Products:** Production increased by 4.6 per cent. Cumulative index increased by 0.4 per cent. (Weight: 28.04 per cent)
* **Fertilizers:** Production increased by 7.4 per cent. Cumulative index increased by 0.7 per cent. (Weight: 2.63 per cent)
* **Steel:** Production increased by 6.7 per cent. Cumulative index increased by 10.3 per cent. (Weight: 17.92 per cent)
* **Cement:** Production increased by 5.3 per cent. Cumulative index increased by 7.3 per cent. (Weight: 5.37 per cent)
* **Electricity:** Generation declined by 7.6 per cent. Cumulative index declined by 0.1 per cent. (Weight: 19.85 per cent)
The ICI measures the performance of Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement, and Electricity. These eight industries constitute 40.27 percent of the Index of Industrial Production (IIP). The next release for November 2025 is scheduled for December 22nd, 2025.
The data was posted by PIB Delhi at 5:00PM on 20 NOV 2025.
Key Entities Referenced
Index of Eight Core Industries (ICI): A composite index that measures the combined and individual performance of production in eight core industries: Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement, and Electricity.
Ministry of Commerce & Industry: The ministry responsible for releasing and overseeing the Index of Eight Core Industries.
Index of Industrial Production (IIP): The Eight Core Industries comprise 40.27 percent of the weight of items included in the IIP.
Ministry of Commerce & Industry
INDEX OF EIGHT CORE INDUSTRIES (BASE
YEAR: 2011-12=100) FOR OCTOBER, 2025
Posted On: 20 NOV 2025 5:00PM by PIB Delhi
The combined Index of Eight Core Industries (ICI) in October 2025 has remained unchanged at
162.4 (provisional) as compared to the Index in October, 2024. The production of Fertilizer,
Steel, Cement and Petroleum Refinery products recorded positive growth in October, 2025. The
details of annual indices, monthly indices and growth rates are provided at Annex I and Annex II.
The ICI measures the combined and individual performance of production of eight core
industries viz. Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and
Electricity. The Eight Core Industries comprise 40.27 percent of the weight of items included in
the Index of Industrial Production (IIP).
The final growth rate of Index of Eight Core Industries for September 2025 was observed at 3.3
per cent. The cumulative growth rate of ICI during April to October, 2025-26 is 2.5 per cent
(provisional) as compared to the corresponding period of last year.
The summary of the Index of Eight Core Industries is given below:
Coal - Coal production (weight: 10.33 per cent) declined by 8.5 per cent in October, 2025 over
October, 2024. Its cumulative index declined by 2.0 per cent during April to October, 2025-26
over corresponding period of the previous year.
Crude Oil - Crude Oil production (weight: 8.98 per cent) declined by 1.2 per cent in October,
2025 over October, 2024. Its cumulative index declined by 1.1 per cent during April to October,
2025-26 over corresponding period of the previous year.
Natural Gas - Natural Gas production (weight: 6.88 per cent) declined by 5.0 per cent in October,
2025 over October, 2024. Its cumulative index declined by 3.1 per cent during April to October,
2025-26 over corresponding period of the previous year.
Petroleum Refinery Products - Petroleum Refinery production (weight: 28.04 per cent) increased
by 4.6 per cent in October, 2025 over October, 2024. Its cumulative index increased by 0.4 per
cent during April to October, 2025-26 over corresponding period of the previous year.
Fertilizers - Fertilizer production (weight: 2.63 per cent) increased by 7.4 per cent in October,
2025 over October, 2024. Its cumulative index increased by 0.7 per cent during April to October,
2025-26 over corresponding period of the previous year.Steel - Steel production (weight: 17.92 per cent) increased by 6.7 per cent in October, 2025 over
October, 2024. Its cumulative index increased by 10.3 per cent during April to October, 2025-26
over corresponding period of the previous year.
Cement - Cement production (weight: 5.37 per cent) increased by 5.3 per cent in October, 2025
over October, 2024. Its cumulative index increased by 7.3 per cent during April to October,
2025-26 over corresponding period of the previous year.
Electricity - Electricity generation (weight: 19.85 per cent) declined by 7.6 per cent in October,
2025 over October, 2024. Its cumulative index declined by 0.1 per cent during April to October,
2025-26 over corresponding period of the previous year.
Note 1: Data for September, 2025 is Final. Data for October, 2025 is Provisional. Index numbers
of Core Industries are revised/finalized as per updated data from source agencies.
Note 2: Since April 2014, Electricity generation data from Renewable sources are also included.
Note 3: The industry-wise weights indicated above are individual industry weights derived from
IIP and blown up on pro rata basis to a combined weight of ICI equal to 100.
Note 4: Since March 2019, a new steel product called Hot Rolled Pickled and Oiled (HRPO)
under the item ‘Cold Rolled (CR) coils’ within the production of finished steel has also been
included.
Note 5: Release of the index for November, 2025 will be on Monday, 22nd December, 2025.
Annex I
Performance of Eight Core Industries
Yearly Index & Growth Rate
Base Year: 2011-12=100
Index
Sector Coal Crude Natural Refinery Fertilizers Steel Cement Electricity Ov
Oil Gas Products Ind
Weight 10.33 8.98 6.88 28.04 2.63 17.92 5.37 19.85 100
2012- 103.2 99.4 85.6 107.2 96.7 107.9 107.5 104.0 103
13
2013- 104.2 99.2 74.5 108.6 98.1 115.8 111.5 110.3 106
142014- 112.6 98.4 70.5 108.8 99.4 121.7 118.1 126.6 111
15
2015- 118.0 97.0 67.2 114.1 106.4 120.2 123.5 133.8 115
16
2016- 121.8 94.5 66.5 119.7 106.6 133.1 122.0 141.6 120
17
2017- 124.9 93.7 68.4 125.2 106.6 140.5 129.7 149.2 125
18
2018- 134.1 89.8 69.0 129.1 107.0 147.7 147.0 156.9 131
19
2019- 133.6 84.5 65.1 129.4 109.8 152.6 145.7 158.4 131
20
2020- 131.1 80.1 59.8 114.9 111.6 139.4 130.0 157.6 123
21
2021- 142.3 77.9 71.3 125.1 112.4 163.0 156.9 170.1 136
22
2022- 163.5 76.6 72.4 131.2 125.1 178.1 170.6 185.2 146
23
2023- 182.7 77.1 76.8 135.9 129.8 200.4 185.7 198.3 157
24
2024- 192.0 75.4 75.9 139.7 133.5 214.1 197.4 208.6 164
25
Apr- 169.1 75.4 77.1 137.2 133.7 207.2 185.6 215.9 161
Oct
2024-
25
Apr- 165.7 74.6 74.7 137.7 134.7 228.6 199.2 215.6 165
Oct
2025-
26**Provisional
Growth Rates (on Y-o-Y basis in per cent)
Sector Coal Crude Natural Refinery Fertilizers Steel Cement Electricity Ov
Oil Gas Products Gr
Weight 10.33 8.98 6.88 28.04 2.63 17.92 5.37 19.85 100
2012- 3.2 -0.6 -14.4 7.2 -3.3 7.9 7.5 4.0 3.8
13
2013- 1.0 -0.2 -12.9 1.4 1.5 7.3 3.7 6.1 2.6
14
2014- 8.0 -0.9 -5.3 0.2 1.3 5.1 5.9 14.8 4.9
15
2015- 4.8 -1.4 -4.7 4.9 7.0 -1.3 4.6 5.7 3.0
16
2016- 3.2 -2.5 -1.0 4.9 0.2 10.7 -1.2 5.8 4.8
17
2017- 2.6 -0.9 2.9 4.6 0.03 5.6 6.3 5.3 4.3
18
2018- 7.4 -4.1 0.8 3.1 0.3 5.1 13.3 5.2 4.4
19
2019- -0.4 -5.9 -5.6 0.2 2.7 3.4 -0.9 0.9 0.4
20
2020- -1.9 -5.2 -8.2 -11.2 1.7 -8.7 -10.8 -0.5 -6.4
21
2021- 8.5 -2.6 19.2 8.9 0.7 16.9 20.8 8.0 10.
22
2022- 14.8 -1.7 1.6 4.8 11.3 9.3 8.7 8.9 7.8
232023- 11.8 0.6 6.1 3.6 3.7 12.5 8.9 7.1 7.6
24
2024- 5.1 -2.2 -1.2 2.8 2.9 6.8 6.3 5.2 4.5
25
Apr- 6.2 -2.5 1.4 2.7 1.6 6.2 1.9 5.4 4.3
Oct
2024-
25
Apr- -2.0 -1.1 -3.1 0.4 0.7 10.3 7.3 -0.1 2.5
Oct
2025-
26*
*Provisional.
Y-o-Y is calculated over the corresponding financial year of previous year
Annex II
Performance of Eight Core Industries
Monthly Index & Growth Rate
Base Year: 2011-12=100
Index
Sector Coal Crude Natural Refinery Fertilizers Steel Cement Electricity Ov
Oil Gas Products Ind
Weight 10.33 8.98 6.88 28.04 2.63 17.92 5.37 19.85 100
Oct-24 186.0 74.6 79.3 135.5 136.9 212.9 187.2 207.8 162
Nov-24 199.6 73.9 75.7 138.4 136.2 212.9 177.0 184.1 159
Dec-24 215.1 77.9 78.1 149.1 139.8 221.8 211.7 192.8 169
Jan-25 229.8 77.9 78.1 147.2 139.0 228.1 219.7 201.7 173
Feb-25 215.6 69.7 70.0 133.5 124.9 216.8 215.1 194.0 163Mar- 260.2 77.4 69.2 147.3 126.9 238.9 246.2 219.5 182
25
Apr-25 179.3 74.2 74.1 131.7 112.9 219.2 204.5 215.7 163
May- 189.8 76.5 75.9 143.3 127.9 225.3 209.0 218.5 170
25
Jun-25 173.7 73.5 73.7 138.6 132.4 223.8 214.7 220.1 167
Jul-25 143.0 75.6 75.5 141.7 141.6 239.1 194.8 228.4 168
Aug- 153.9 77.5 75.7 138.0 143.8 234.6 186.9 221.1 166
25
Sep-25 150.0 71.1 72.9 129.2 137.0 231.0 187.7 213.3 160
Oct- 170.1 73.7 75.3 141.7 147.0 227.1 197.1 192.1 162
25*
*Provisional
Growth Rates (on Y-o-Y basis in per cent)
Sector Coal Crude Natural Refinery Fertilizers Steel Cement Electricity Ov
Oil Gas Products Gr
Weight 10.33 8.98 6.88 28.04 2.63 17.92 5.37 19.85 100
Oct-24 7.8 -4.8 -1.2 5.2 0.4 5.7 3.1 2.0 3.8
Nov-24 7.5 -2.1 -1.9 2.9 2.0 10.5 13.1 4.4 5.8
Dec-24 5.3 0.6 -1.8 2.8 1.7 7.3 10.3 6.2 5.1
Jan-25 4.6 -1.1 -1.5 8.3 3.0 4.7 14.3 2.3 5.1
Feb-25 1.7 -5.2 -6.0 0.8 10.2 6.9 10.7 3.6 3.4
Mar- 1.6 -1.9 -12.7 0.2 8.8 8.7 12.2 7.5 4.5
25Apr-25 3.5 -2.8 -0.9 -4.5 -4.2 4.4 6.3 1.7 1.0
May- 2.8 -1.8 -3.6 1.1 -5.9 7.4 9.7 -4.7 1.2
25
Jun-25 -6.8 -1.2 -2.8 3.4 -1.2 9.7 8.2 -1.2 2.2
Jul-25 -12.3 -1.3 -3.2 -1.1 2.0 16.6 11.6 3.7 3.7
Aug- 11.4 2.4 -2.2 3.0 4.6 13.6 5.4 4.1 6.5
25
Sep-25 -1.2 -1.3 -3.8 -3.7 1.6 14.4 5.0 3.1 3.3
Oct- -8.5 -1.2 -5.0 4.6 7.4 6.7 5.3 -7.6 0.0
25*
*Provisional.
Y-o-Y is calculated over the corresponding financial year of previous year
***
Abhishek Dayal
(Release ID: 2192137) Visitor Counter : 725
Read this release in: Urdu , ही , Marathi