FIRST PRESS RELEASE OF INDEX OF CORE INDUSTRIES OF NEW SERIES WITH BASE YEAR 2022-23

The Office of Economic Adviser, DPIIT, has released a revised Index of Core Industries (ICI) series with base year 2022‑23, replacing the earlier 2011‑12 series. The new series, now comprising nine core industries (adding iron ore), uses gross production data for steel and retains only raw coal to avoid double counting. A linking factor of 1.47 connects the old and new series. Provisional data for June 2026 show the ICI grew 5.0 % YoY, driven mainly by iron ore (43.9 %) and electricity (9.8 %). Cumulative growth for April‑June 2026 was 3.6 % YoY. The revised series and its data are available on the OEA portal.