The Index of Six core industries having a combined weight of 26.7 per cent in the Index of Industrial Production (IIP) with base 1993-94 stood at 254.9 (provisional) in November 2010 and registered a growth of 2.3% (provisional) compared to 5.9% registered in November 2009.  During April-November 2010-11, six core industries registered a growth of 5.0% (provisional) as against 4.5% during the corresponding period of the previous year.

Crude Oil

Crude Oil production (weight of 4.17% in the IIP) registered a growth of 17.0% (provisional) in November 2010 compared to a growth rate of (-) 1.6% in November 2009. The Crude Oil production registered a growth of 11.5% (provisional) during April-November 2010-11 compared to (-) 1.4% during the same period of 2009-10.

Petroleum Refinery Products

Petroleum refinery production (weight of 2.00% in the IIP) registered a growth of (-) 3.7% (provisional) in November 2010 compared to growth of 4.8% in November 2009. The Petroleum refinery production registered a growth of 0.8% (provisional) during April-November 2010-11 compared to (-) 1.2% during the same period of 2009-10.

Coal

Coal production (weight of 3.2% in the IIP) registered a growth of 0.7% (provisional) in November 2010 compared to growth rate of 4.7% in November 2009. Coal production grew by 0.6% (provisional) during April-November 2010-11 compared to an increase of 9.7% during the same period of 2009-10. 

Electricity

Electricity generation (weight of 10.17% in the IIP) registered a growth of 3.3 % (provisional) in November 2010 compared to growth rate of 3.1% in November 2009.  Electricity generation grew by 4.5% (provisional) during April-November 2010-11 compared to 5.8% during the same period of 2009-10.

Cement

Cement production (weight of 1.99% in the IIP) registered a growth of (-) 11.6% (provisional) in November 2010 compared to 9.0% in November 2009. Cement Production grew by 4.1% (provisional) during April-November 2010-11 compared to an increase of 11.0% during the same period of 2009-10.

Finished (carbon) steel

Finished (carbon) Steel production (weight of 5.13% in the IIP) registered a growth of 4.4% (provisional) in November 2010 compared to 11.7% (estimated) in November 2009. Finished (carbon) Steel production grew by 6.9% (provisional) during April-November 2010-11 compared to an increase of 2.9% during the same period of 2009-10.

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

Industrial production index growth moderates in November as core sectors show mixed performance and provisional revisions. The Index of Six Core Industries (26.7% weight in the IIP) showed provisional lower growth in November 2010 compared with November 2009, but a modestly stronger April-November 2010-11 year to date performance. Sectoral outcomes were mixed: crude oil and finished steel improved, electricity grew modestly, while petroleum refinery and coal weakened month on month, and cement fell sharply in the month. Data are provisional and revised as source data were updated.