Phase IFoundation
Background
Overview
The ICI is a crucial lead indicator for assessing the health and growth trajectory of the Indian economy, particularly its industrial and infrastructure sectors. Understanding its components, methodology, and recent updates is vital for analyzing economic trends, formulating policy responses, and evaluating the impact of government initiatives.
The Index of Core Industries (ICI) is a monthly production index that measures the collective and individual performance of nine key infrastructure sectors of the Indian economy. It serves as a lead indicator of industrial activity and overall economic health, providing insights into the manufacturing and infrastructure sectors.