A growth of 4 per cent has been registered in the combined Index of Eight Core Industries (ICI) in January 2026 on an annual basis

¨     A growth of 4 per cent has been registered in the combined Index of Eight Core Industries (ICI) in January 2026 on an annual basis.

¨     This is a decline from a revised 4.7% in December 2025 and 5.1% in January 2025.

¨     As per the data released by the Commerce and Industry Ministry, the decline was mainly due to weaker performance in energy-related sectors.

¨     On the other hand, steel, cement and electricity continued to register positive growth.

¨     Cement production increased by 10.7 per cent during the month.

¨     Steel production increased by 9.9 per cent and electricity generation recorded a growth of 3.8 per cent.

¨     Fertiliser production grew by 3.7 per cent. Coal production increased by 3.1 per cent.

¨     Crude oil production declined by 5.8 per cent. Natural gas output fell by 5 per cent.

¨     Petroleum refinery products showed no growth compared to January 2025.

¨     The cumulative growth of the core industries from April to January stood at 2.8 per cent on a provisional basis.

¨  These eight core sectors account for over 40 per cent of the weight in the Index of Industrial Production.