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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.
Index of Eight Core Industries growth shows mixed sectoral performance with overall uptick and varied cumulative trends. The Index of Eight Core Industries recorded year on year growth in April with varied sectoral outcomes: Electricity, Fertilizers, Coal, Steel and Cement rose, while Petroleum refinery products and Crude Oil edged down and Natural Gas fell substantially. Cumulative April-March growth rates differ across sectors. The release includes monthly and annual weighted indices and growth rates, and notes provisional data status plus revisions and prorated inclusion of specific refinery production data affecting comparability. of Press 'Enter' after typing page number.
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