Analysis shows fluctuating economic growth patterns in India's core industries during COVID-19, suggesting policy changes are needed.
India's eight core industries are vital since they serve as the backbone of the industrial sector and provide a substantial contribution to the nation's overall economic expansion. These sectors collectively make up 40.27 percent of the Index of Industrial Production (IIP) and comprise coal, crude oil, natural gas, refinery products, fertilizers, steel, cement, and power. Their performance has a direct impact on the nation's overall economic activity and industrial progress. These industries offer more job possibilities and make greater contributions to India's economic growth. This paper's main goal is to examine the patterns of industrial growth from 2015–16 to 2023–24. The report specifically examines the growth performance and pathophysiology of the eight main industrial sectors during the study period. It also examines the performance of these core industries during the COVID-19 pandemic. It emphasized the key elements that caused the industries' growth to slow down. The results indicate that its growth trajectory has been erratic, and many industries experienced significant fluctuations during the epidemic. An attempt is made to make some policy recommendations in light of this study in order to resurrect industrial growth in the future.
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David Elango (2025) studied this question.
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