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 156.2 in September, 2013, which was 8.0% higher compared to the index of September, 2012.

Coal

Coal production (weight: 4.38%) increased by 12.5% in September, 2013 over September, 2012. The cumulative index for coal during April to September, 2013-14 increased by 2.3% over corresponding period of previous year.

Crude Oil

Crude Oil production (weight: 5.22%) increased by 0.6% in September, 2013 over September, 2012.However, its cumulative index during April to September, 2013-14 moderated by 1.3% over the corresponding period of previous year.

Natural Gas

The Natural Gas production (weight: 1.71%) declined by 14.1% in September, 2013 over September, 2012. Its cumulative index during April to September, 2013-14 declined by16.5% over the corresponding period of previous year.

Petroleum Refinery Products (0.93% of Crude Throughput)^[1]

Petroleum refinery production (weight: 5.94%) registered a growth of 8.0% in September, 2013 over September, 2012, and its cumulative growth during April to September, 2013-14was5.3% over the corresponding period of previous year.

Fertilizers

Fertilizer production (weight: 1.25%)registered a growth of 5.3% in September,2013over September, 2012 and it registered a cumulative growth of 2.5% during April toSeptember,2013-14over the corresponding period of previous year.

Steel (Alloy + Non-Alloy)

Steel production (weight: 6.68%) recorded a growth rate of 6.6% in September, 2013 over September, 2012.The cumulative growth during April to September, 2013-14 was 4.5%over the corresponding period of previous year.

Cement

Cement production (weight: 2.41%) increased by 11.5% in September, 2013over September, 2012 and its cumulative growth during April to September, 2013-14 was 4.5% over the corresponding period of previous year.

Electricity

Electricity generation (weight: 10.32%)increased by 12.6% growth in September,2013 over the period of September, 2012 and it registered a cumulative growth of 5.4%during April to September, 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, Refinery Products and Cement.

Click here to see Annexure.

^[1]Note: RIL (SEZ) production figures for September, 2013 are on prorated basis.

 

Index of core industries shows year on year growth with mixed sectoral performance and provisional data revisions. The combined Index of Eight Core Industries (weight 37.90% in the IIP) rose year on year, with the index at 156.2 in September 2013 reflecting an eight percent increase versus September 2012. The press release provides provisional monthly and April-September cumulative movements for each core industry, noting notable rises in coal, refinery products, cement and electricity, a sharp decline in natural gas, marginal crude oil growth with cumulative moderation, and revisions made where prior year data were updated.