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

Press Information Bureau

Government of India

Ministry of Commerce & Industry

30-November-2012 19:34 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 151.2 in October 2012 with a growth rate of 6.5% compared to their 0.4% growth in October 2011.  The modest growth in October, 2012 was on account of double digit growth witnessed in the production of Petroleum Refinery Products and Coal

During April-October 2012-13, the cumulative growth rate of the Core industries was 3.7 % as against their growth at 4.3% during the corresponding period in 2011-12.

Coal

Coal production (weight: 4.38%) registered a growth of 10.9% in October 2012 compared to its negative growth at (-) 8.8% in October 2011. In cumulative terms also Coal production recorded a growth of 8.7% during April-October 2012-13 compared to its negative growth at (-) 5.4% during the same period of 2011-12.

Crude Oil

Crude Oil production (weight: 5.22%) had a negative growth of (-) 0.4% in October 2012 compared to its (-) 0.9% growth in October 2011. Cumulatively, Crude Oil production recorded a negative growth of (-) 0.7% during April-October 2012-13 compared to its growth at 4.2% during the same period of 2011-12.

Natural Gas

The growth rate of Natural Gas production (weight: 1.71%) was negative both in October, 2012 at (-) 14.9% and in October 2011 at (-) 7.4%. Cumulatively also, Natural Gas production registered a negative growth of (-) 12.8% during April-October 2012-13 and (-) 8.3% during the same period of 2011-12.

Petroleum Refinery Products (0.93% of Crude Throughput)*

Petroleum refinery production (weight: 5.94%) had a growth of 20.3% in October 2012 compared to its growth at (-) 2.9% in October 2011.  In cumulative terms, Petroleum refinery production registered a growth of 7.3% during April-October 2012-13 compared to its 3.5% growth during the same period of 2011-12.

Fertilizers

Fertilizer production (weight: 1.25%) registered a growth of 2.0% in October 2012 against its growth at (-) 2.1% in October 2011. Cumulatively, Fertilizer production registered a negative growth of (-) 4.5% during April-October 2012-13 compared to 0.2% growth during the same period of 2011-12.

 Steel (Alloy + Non-Alloy)

Steel production (weight: 6.68%) had a growth rate of 5.9% in October 2012 against its 4.2% growth in October 2011. Cumulatively, Steel production registered 3.0% growth during April-October 2012-13 compared to its 8.7% growth during the same period of 2011-12.

Cement

Cement production (weight: 2.41%) registered a growth of 6.8% in October 2012 against its 0.3% growth in October 2011. The cumulative growth of Cement Production was 7.7% during April-October 2012-13 compared to its 3.3% growth during the same period of 2011-12.

Electricity

Electricity generation (weight: 10.32%) had a 5.2% growth in October 2012 compared to its 5.3% growth in October 2011. The cumulative growth of Electricity generation was 4.8% during April-October 2012-13 compared to its 8.7% growth during the same period of 2011-12.

Click here to see Annexure

* 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.

DS