Published on: January 1, 2022
INDEX OF EIGHT CORE INDUSTRIES
INDEX OF EIGHT CORE INDUSTRIES
- Index of the eight most fundamental industrial sectors of the Indian economy
- Maps the volume of production in these industries.
- Weight of Core Industries in IIP
- Since these eight industries are the essential “basic” and/or “intermediate” ingredient in the functioning of the broader economy, mapping their health provides a fundamental understanding of the state of the economy.
- In other words, if these eight industries are not growing fast enough, the rest of the economy is unlikely to either.