The combined Index of Eight Core Industries (ICI) increased by 4.0% in January 2026 compared to January 2025. Steel, Cement, Fertilizers, Electricity, and Coal showed positive growth, while Crude Oil and Natural Gas recorded declines. Petroleum Refinery Products remained unchanged at 147.2.
Cumulative growth of the ICI from April 2025 to January 2026 stood at 2.8% (provisional). Notably, Steel and Cement production rose significantly by 9.9% and 10.7% respectively, strengthening industrial performance. Electricity generation increased by 3.8%, supporting overall energy output. The Index reflects the performance of industries contributing 40.27% to the Industrial Production Index.