Index of Eight Core Industries (Base: 2004-05=100), April, 2014

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 160.9 in April, 2014, which was 4.2 % higher compared to the index of April, 2013. Its cumulative growth during April-March, 2013-14 was 2.7 %.

Coal

Coal production (weight: 4.38 %) increased by 3.3 % in April, 2014 over April, 2013. Its cumulative index during April to March, 2013-14 increased by 0.7 % over corresponding period of previous year.

Crude Oil

Crude Oil production (weight: 5.22 %) declined by 0.1 % in April, 2014 over April, 2013. The cumulative index of Crude Oil during April to March, 2013-14 declined by 0.2 % over the corresponding period of previous year.

Natural Gas

The Natural Gas production (weight: 1.71 %) declined by 7.7 % in April, 2014 over April, 2013. Its cumulative index during April to March, 2013-14 declined by 13.0 % over the corresponding period of previous year.

Petroleum Refinery Products (0.93% of Crude Throughput)

Petroleum refinery production (weight: 5.94%) declined by 2.2 % in April, 2014 over April, 2013. Its cumulative index during April to March, 2013-14 increased by 1.7 % over the corresponding period of previous year.

Fertilizers

Fertilizer production (weight: 1.25%) increased by 11.1 % in April, 2014 over April, 2013. It registered a cumulative growth of 1.5 % during April to March, 2013-14 over the corresponding period of previous year.

Steel (Alloy + Non-Alloy)

Steel production (weight: 6.68%) recorded a growth of 3.1 % in April, 2014 over April, 2013. The cumulative growth during April to March, 2013-14 was 4.9 % over the corresponding period of previous year.

Cement

Cement production (weight: 2.41%) increased by 6.7 % in April, 2014 over April, 2013 while its cumulative growth during April to March, 2013-14 was 3.0 % over the corresponding period of previous year.

Electricity

Electricity generation (weight: 10.32%) increased by 11.2 % in April, 2014 over the period of April, 2013 and it registered a cumulative growth of 5.6 % during April to March, 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, Steel 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	2013-14
Coal	4.379	119.9	129.5	140.0	139.7	141.5	148.1	149.1
Crude Oil	5.216	100.4	98.6	99.1	111.0	112.1	111.4	111.2
Natural Gas	1.708	102.1	103.4	149.5	164.4	149.7	128.1	111.4
Refinery Products*	5.939	122.8	126.5	125.9	129.7	133.7	172.5#	175.3
Fertilizers	1.254	95.5	91.8	103.4	103.4	103.8	100.2	101.8
Steel	6.684	128.9	131.4	139.3	157.7	174.0	181.1	190.0
Cement	2.406	132.5	142.1	157.1	164.2	175.2	188.7	194.3
Electricity	10.316	119.9	123.2	130.8	138.1	149.3	155.3	164.0
Overall Index	37.903	118.5	121.8	129.9	138.4	145.3	154.7	158.9

GROWTH RATES (In %)

Sector	Weight	2007-08	2008-09	2009-10	2010-11	2011-12	2012-13	2013-14
Coal	4.379	6.3	8.0	8.1	-0.2	1.3	4.6	0.7
Crude Oil	5.216	0.4	-1.8	0.5	11.9	1.0	-0.6	-0.2
Natural Gas	1.708	2.1	1.3	44.6	10.0	-8.9	-14.5	-13.0
Refinery Products*	5.939	6.5	3.0	-0.4	3.0	3.1	29.0#	1.7
Fertilizers	1.254	-7.9	-3.9	12.7	0.0	0.4	-3.4	1.5
Steel	6.684	6.8	1.9	6.0	13.2	10.3	4.1	4.9
Cement	2.406	8.1	7.2	10.5	4.5	6.7	7.7	3.0
Electricity	10.316	6.3	2.7	6.2	5.6	8.1	4.0	5.6
Overall Index	37.903	5.2	2.8	6.6	6.6	5.0	6.5	2.7

*Note: RIL (SEZ) production figures for April, 2014 are on prorated basis.

# Refinery Products’ yearly growth rates of 2012-13 are not comparable with other years on account of inclusion of RIL (SEZ) production data since April, 2012.

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	4.379	5.216	1.708	5.939	1.254	6.684	2.406	10.316	37.903
Apr-13	136.1	109.7	113.4	169.4	78.7	187.1	203.9	159.1	154.3
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
Dec-13	170.1	115.0	113.4	175.9	110.2	199.0	203.3	168.1	165.6
Jan-14	178.7	115.1	116.1	176.9	104.2	201.2	215.0	169.8	168.2
Feb-14	165.1	103.5	104.2	169.6	97.9	192.5	200.2	155.1	156.7
Mar-14	208.3	112.1	108.8	183.8	92.1	214.2	226.2	172.9	175.4
Apr-14	140.5	109.6	104.7	165.8	87.4	192.8	217.5	176.9	160.9

Growth Rate (in %)

Sector	Coal	Crude Oil	Natural Gas	Refinery Products*	Fertilizers	Steel	Cement	Electricity	Overall Index
Weight	4.379	5.216	1.708	5.939	1.254	6.684	2.406	10.316	37.903
Apr-13	1.2	-1.2	-17.4	6.2	-2.4	10.1	5.2	3.5	3.7
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
Dec-13	-0.6	1.6	-9.9	-1.7	4.1	3.1	1.1	6.7	2.1
Jan-14	-0.7	3.0	-5.2	-4.5	1.2	3.4	1.5	5.7	1.6
Feb-14	0.1	1.9	-4.4	3.2	-0.7	4.8	2.3	10.4	4.5
Mar-14	0.7	-1.6	-9.3	2.8	-6.1	5.4	0.0	5.4	2.5
Apr-14	3.3	-0.1	-7.7	-2.2	11.1	3.1	6.7	11.2	4.2

*Note: RIL (SEZ) production figures for April, 2014 are on prorated basis.