Core sector growth slows for second month to 4.8%
New Delhi, Sept. 22 -- Output in core sector industries, as measured by the Index of Core Industries (ICI), expanded by 4.8% on a year-on-year basis in August. The latest growth in ICI is lower than 5% growth in July and the second consecutive month of deceleration in ICI growth. In June, ICI index grew at 6%, the highest monthly growth since 6.2% in August 2025.
Latest ICI data is the third monthly release under the new revised series, which updated the base year to 2022-23 and added the iron ore industry to the existing list of eight core industries.
Five sub-sectors included in ICI show an annual growth in August while the remaining four had a contraction. Electricity was the biggest driver of growth in the index, a trend that has held f...
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