ICI grew 5% YoY in June 2026, up from 3.2% in May 2026
New base year 2022-23 replaces 2011-12; core industries expanded from 8 to 9 with Iron Ore added
Electricity is now the largest-weighted sector at 30.93%, up from 19.85%
Steel index now uses gross (not net) production data; Coal index narrowed to Raw Coal only
ICI is a high-frequency lead indicator for IIP, where core sectors carry a significant combined weight
GS Paper III > Indian Economy > Industrial Growth & Indices
Economic & Financial Awareness > Indices
Read the following statements carefully and choose the correct option: Assertion (A): Iron and steel is considered a heavy industry. Reason (R): It requires lightweight raw materials like cotton and rubber.
Answer: A is true, but R is false
The reference year against which an index's growth is measured; here revised from 2011-12 to 2022-23
Office of the Economic Adviser, DPIIT — the body that compiles and publishes the ICI