Core sectors grew at a five-month high of 5% in June 2026 as per new and improved index
India's core industrial sector growth reached a five-month high of 5% in June 2026, according to a newly updated index with a revised base year. While iron ore production saw significant growth, hydrocarbon-related sectors experienced a contraction due to global price fluctuations.
Why it matters
The updated index provides a more accurate reflection of the current industrial landscape, serving as a key indicator for India's economic health.
Growth in activity in India’s core industrial sectors accelerated to 5% in June 2026, the fastest in five months, as per the inaugural release of the new and updated series of the c (ICI).
The Ministry of Commerce and Industry on Monday (July 20, 2026) released the new series of the ICI, with an updated base year of 2022-23 as compared to the earlier 2011-12. Further, the updated index has an additional sector of iron ore added to it, taking the total number of sectors it covers to nine. The sectoral weights and methods of estimation have also been updated.
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