Index of Eight Core Industries (Base: 2004-05=100) November, 2013

1-1-2014

Contents

The summary of the Index of Eight Core Industries (base: 2004-05) is given at the Annexure.

The Eight Core Industries have a combined weight of 37.90 % in the Index of Industrial Production (IIP). The combined Index of Eight Core Industries stands at 153.5 in November, 2013, which was 1.7 % higher compared to the index of November, 2012.

Coal

Coal production (weight: 4.38 %) grew by 2.3 % in November, 2013 over November, 2012. Its cumulative index during April to November, 2013-14 increased by 1.5 % over corresponding period of previous year.

Crude Oil

Crude Oil production (weight: 5.22 %) increased by 1.1 % in November, 2013 over November, 2012. The cumulative index of Crude Oil during April to November, 2013-14 moderated by 0.9 % over the corresponding period of previous year.

Natural Gas

The Natural Gas production (weight: 1.71 %) declined by 11.3 % in November, 2013 over November, 2012. Its cumulative index during April to November, 2013-14 declined by 15.6 % over the corresponding period of previous year.

Petroleum Refinery Products (0.93 % of Crude Throughput)

Petroleum refinery production (weight: 5.94 %) moderated by 5.0 % in November, 2013 over November, 2012. Its cumulative index during April to November, 2013-14 increased by 2.6 % over the corresponding period of previous year.

Fertilizers

Fertilizer production (weight: 1.25 %) registered a growth of 0.6 % in November, 2013 over November, 2012 and it registered a cumulative growth of 2.5 % during April to November, 2013-14 over the corresponding period of previous year.

Steel (Alloy + Non-Alloy)

Steel production (weight: 6.68 %) recorded a growth rate of 3.9 % in November, 2013 over November, 2012. The cumulative growth during April to November, 2013-14 was 4.3 % over the corresponding period of previous year.

Cement

Cement production (weight: 2.41 %) increased by 4.2 % in November, 2013 over November, 2012 and its cumulative growth during April to November, 2013-14 was 4.0 % over the corresponding period of previous year.

Electricity

Electricity generation (weight: 10.32 %) increased by 5.9 % in November, 2013 over the period of November, 2012 and it registered a cumulative growth of 5.0 % during April to November, 2013-14 over the corresponding period of previous year.

Note: Data are provisional. Revision has been made based on revised data obtained for corresponding month of previous year in respect of Coal, Crude Oil, Natural Gas, Refinery Products and Cement.

Annexure

Performance of Eight Core Industries

Yearly Index & Growth Rate

Base Year: 2004-05=100

(Weight in IIP: 37.90 %)

Index
Sector	Weight	2007-08	2008-09	2009-10	2010-11	2011-12	2012-13	Apr-Nov 2012-13	Apr-Nov 2013-14
Coal	4.379	119.9	129.5	140.0	139.7	141.5	147.0	131.7	133.7
Crude Oil	5.216	100.4	98.6	99.1	111.0	112.1	111.4	112.1	111.1
Natural Gas	1.708	102.1	103.4	149.5	164.4	149.7	128.1	132.5	111.8
Refinery Products	5.939	122.8	126.5	125.9	129.7	133.7	162.7	170.3	174.7
Fertilizers	1.254	95.5	91.8	103.4	103.4	103.8	100.2	99.7	102.1
Steel	6.684	128.9	131.4	139.3	157.7	174.0	178.4	174.9	182.4
Cement	2.406	132.5	142.1	157.1	164.2	175.2	188.7	178.7	185.9
Electricity	10.316	119.9	123.2	130.8	138.1	149.3	155.3	155.1	162.7
Overall Index	37.903	118.5	121.8	129.9	138.4	145.3	152.6	151.0	154.8

Growth Rate (in %)
Sector	Weight	2007-08	2008-09	2009-10	2010-11	2011-12	2012-13	Apr-Nov 2012-13	Apr-Nov 2013-14
Coal	4.379	6.3	8.0	8.1	-0.2	1.3	3.9	7.8	1.5
Crude Oil	5.216	0.4	-1.8	0.5	11.9	1.0	-0.6	-0.5	-0.9
Natural Gas	1.708	2.1	1.3	44.6	10.0	-8.9	-14.5	-13.1	-15.6
Refinery Products	5.939	6.5	3.0	-0.4	3.0	3.1	21.6	29.7	2.6
Fertilizers	1.254	-7.9	-3.9	12.7	0.0	0.4	-3.4	-3.3	2.5
Steel	6.684	6.8	1.9	6.0	13.2	10.3	2.5	2.2	4.3
Cement	2.406	8.1	7.2	10.5	4.5	6.7	7.7	7.7	4.0
Electricity	10.316	6.3	2.7	6.2	5.6	8.1	4.0	4.6	5.0
Overall Index	37.903	5.2	2.8	6.6	6.6	5.0	5.0	6.7	2.5

*Note: RIL (SEZ) production figures for November, 2013 are on prorated basis.

Performance of Eight Core Industries

Monthly Index & Growth Rate

Base Year: 2004-05=100

(Weight in IIP: 37.90 %)

Index
Sector	Coal	Crude Oil	Natural Gas	Refinery Products	Fertilizers	Steel	Cement	Electricity	Overall Index
Weight	4.38	5.22	1.71	5.94	1.25	6.68	2.41	10.32	37.90
Nov-12	147.1	109.7	123.2	176.9	106.9	175.6	165.0	149.1	150.9
Dec-12	167.7	113.2	125.9	146.7	105.8	184.6	201.0	157.5	155.3
Jan-13	177.0	111.8	122.5	151.5	102.9	186.4	212.0	160.6	158.5
Feb-13	161.7	101.6	109.0	139.4	98.6	176.3	195.7	140.5	144.4
Mar-13	204.1	113.9	119.9	152.0	98.0	194.3	226.1	164.1	165.0
Apr-13	138.7	109.7	113.4	169.2	78.7	173.1	203.9	159.1	152.1
May-13	137.7	112.0	113.7	176.6	85.5	185.7	198.9	172.3	159.2
Jun-13	128.9	110.3	111.2	172.2	100.6	180.9	184.2	154.9	151.2
Jul-13	127.2	112.3	113.6	180.7	107.1	187.9	178.7	164.4	156.4
Aug-13	121.5	112.3	112.5	182.9	110.5	185.1	170.6	162.3	154.5
Sep-13	129.4	108.8	109.1	174.5	114.4	182.8	190.8	168.5	156.2
Oct-13	135.5	112.3	111.9	173.5	113.0	181.5	188.0	162.5	155.2
Nov-13	150.5	110.9	109.3	168.1	107.4	182.5	172.0	157.8	153.5

Growth Rate (in %)
Sector	Coal	Crude Oil	Natural Gas	Refinery Products	Fertilizers	Steel	Cement	Electricity	Overall Index
Weight	4.38	5.22	1.71	5.94	1.25	6.68	2.41	10.32	37.90
Nov-12	-2.9	0.8	-15.3	29.8	5.0	7.8	-0.2	2.4	5.8
Dec-12	-0.2	1.0	-14.9	5.0	-3.8	3.6	9.5	5.2	2.9
Jan-13	2.3	-0.2	-16.8	10.5	-9.1	1.9	10.2	6.3	3.7
Feb-13	-8.0	-4.0	-20.1	4.3	-4.0	0.5	3.1	-3.7	-2.4
Mar-13	0.3	0.2	-17.7	5.6	3.6	6.6	8.3	3.5	3.2
Apr-13	3.1	-1.2	-17.4	6.1	-2.4	1.9	5.2	3.5	2.3
May-13	-3.3	-2.4	-18.7	5.5	-2.0	4.0	2.4	6.2	2.3
Jun-13	-3.0	-0.6	-16.7	2.3	11.3	3.4	2.3	-1.2	0.1
Jul-13	1.2	-2.3	-16.1	5.1	0.4	7.0	0.8	5.2	3.1
Aug-13	5.5	-1.5	-16.1	4.9	1.7	4.3	5.5	6.7	3.7
Sep-13	12.5	0.6	-14.1	8.0	5.3	6.6	11.5	12.6	8.0
Oct-13	-3.9	-0.8	-13.6	-4.8	4.1	3.5	1.0	1.3	-0.6
Nov-13	2.3	1.1	-11.3	-5.0	0.6	3.9	4.2	5.9	1.7