Index of Eight Core Industries (Base: 2004-05=100) September 2012

Press Information Bureau

Government of India

Ministry of Commerce & Industry

31-October-2012 18:2 IST

The summarized Index of Eight Core Industries with 2004-05 base is given at the Annexure.

The Eight core industries have a combined weight of 37.90 per cent in the Index of Industrial Production (IIP). The combined Index was 139.5 in September 2012 with a growth rate of 5.1% compared to their 2.5% growth in September 2011. The modest growth in September, 2012 was on account of double digit growth witnessed in the production of Coal, Petroleum Refinery Products and Cement.

During April-September 2012-13, the cumulative growth rate of the Core industries was 3.2 % as against their growth at 5.0% during the corresponding period in 2011-12.

Coal

3. Coal production (weight: 4.38%) registered a growth of 21.4% in September 2012 compared to its negative growth at (-) 18.2% in September 2011. In cumulative terms also Coal production recorded a growth of 8.3% during April-September 2012-13 compared to its negative growth at (-) 4.8% during the same period of 2011-12. 

Crude Oil

4. Crude Oil production (weight: 5.22%) had a negative growth of (-) 1.7% in September 2012 compared to its 0.1% growth in September 2011. Cumulatively, Crude Oil production recorded a negative growth of (-) 0.8% during April-September 2012-13 compared to its growth at 5.1% during the same period of 2011-12.

Natural Gas

5. The growth rate of Natural Gas production (weight: 1.71%) was negative both in September, 2012 at (-) 14.8% and in September 2011 at (-) 6.4%. Cumulatively also, Natural Gas production registered a negative growth of (-) 12.5% during April-September 2012-13 and (-) 8.5% during the same period of 2011-12.

Petroleum Refinery Products (0.93% of Crude Throughput)*

6. Petroleum refinery production (weight: 5.94%) had a growth of 11.4% in September 2012 compared to its growth at 4.3% in September 2011.  In cumulative terms, Petroleum refinery production registered a growth of 5.4% during April-September 2012-13 compared to its 4.6% growth during the same period of 2011-12.

Fertilizers

7. Fertilizer production (weight: 1.25%) registered a growth of 5.7% in September 2012 against its growth at (-) 2.1% in September 2011. Cumulatively, Fertilizer production registered a negative growth of (-) 5.6% during April-September 2012-13 compared to 0.6% growth during the same period of 2011-12.

Steel (Alloy + Non-Alloy)

8. Steel production (weight: 6.68%) had a growth rate of 2.0% in September 2012 against its 7.5% growth in September 2011. Cumulatively, Steel production registered 2.6% growth during April-September 2012-13 compared to its 9.5% growth during the same period of 2011-12.

Cement

9. Cement production (weight: 2.41%) registered a growth of 13.4% in September 2012 against its 2.2% growth in September 2011. The cumulative growth of Cement Production was 7.4% during April-September 2012-13 compared to its 3.8% growth during the same period of 2011-12.

Electricity

10. Electricity generation (weight: 10.32%) had a 3.7% growth in September 2012 compared to its 8.8% growth in September 2011. The cumulative growth of Electricity generation was 4.7% during April-September 2012-13 compared to its 9.3% growth during the same period of 2011-12.

Annexure

PERFORMANCE OF EIGHT CORE INDUSTRIES

YEARLY INDEX & GROWTH RATE

BASE YEAR 2004-05=100

(Weight in IIP: 37.90 %)

INDEX

GROWTH RATE (in %)

 PERFORMANCE OF EIGHT CORE INDUSTRIES

MONTHLY INDEX & GROWTH RATE

BASE YEAR 2004-05=100

(Weight in IIP: 37.90 %)

INDEX

Growth rates (in %)

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DS

* RPL (SEZ) with refining capacity 29MMT was commissioned on 25.12.2008 but crude throughput not reported by the refinery and not included in production for entire period.

 N.B: Data are provisional. Revision has been made based on revised data obtained.