Press Information Bureau

Government of India

Ministry of Commerce & Industry

30-August-2011 17:48 IST

Index of Eight Core Industries (Base: 2004-05=100) July 2011

The Index of Eight core industries having a combined weight of 37.90 per cent in the Index of Industrial Production (IIP) with base 2004-05 stood at 143.22 in July 2011 and registered a growth of 7.8% compared to 5.7% registered in July 2010.  During April-July 2011-12, eight core industries registered a growth of 5.8% as against 6.5% during the corresponding period of the previous year 2010-11.

Coal

Coal production (weight of 4.38% in the IIP) registered a growth of 2.4% in July 2011 compared to growth of 4.5% in July 2010. Coal production grew by 0.7% during April-July 2011-12 compared to an increase of 0.6% during the same period of 2010-11.

Crude Oil

Crude Oil production (weight of 5.22% in the IIP) registered a growth of 1.4 % in July 2011 compared to a growth of 15.8% in July 2010. The Crude Oil production registered a growth of 7.3% during April-July 2011-12 compared to 8.4% during the same period of 2010-11.

Natural Gas

Natural Gas production (weight of 1.71% in the IIP) registered a growth of (-) 8.2% in July 2011 compared to growth of 20.0% in July 2010. The Natural Gas production registered a growth of (-) 9.7% during April-July 2011-12 compared to 32.3% during the same period of 2010-11.

Petroleum Refinery Products

Petroleum refinery production (weight of 5.94% in the IIP) registered a growth of 3.9% in July 2011 compared to growth of 13.7% in July 2010. The Petroleum refinery production registered a growth of 4.9% during April-July 2011-12 compared to 7.3% during the same period of 2010-11.

Fertilizers

Fertilizer production (weight of 1.25% in the IIP) registered a growth of (-) 1.6% in July 2011 compared to (-) 0.3% in July 2010.Fertilizer production grew by 0.4% during April-July 2011-12 compared to an increase of (-) 2.0% during the same period of 2010-11.

 Steel (Alloy + Non-Alloy)

Steel production (weight of 6.68% in the IIP) registered a growth of 15.5% in July 2011 compared to (-) 2.9% in July 2010. Steel production grew by 10.1% during April-July 2011-12 compared to an increase of 5.5% during the same period of 2010-11.

Cement

Cement production (weight of 2.41% in the IIP) registered a growth of 10.6% in July 2011 compared to (-) 0.2% in July 2010. Cement Production grew by 1.8% during April-July 2011-12 compared to an increase of 5.3% during the same period of 2010-11.

Electricity

Electricity generation (weight of 10.32% in the IIP) registered a growth of 13.0% in July 2011 compared to a growth of 4.2% in July 2010. Electricity generation grew by 9.4% during April-July 2011-12 compared to 5.3% during the same period of 2010-11.

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Index of Eight Core Industries shows sustained expansion driven by electricity and steel despite contraction in natural gas. The Index of Eight Core Industries (weight 37.90% in the IIP) rose in July 2011 year on year, with electricity generation and steel as the principal positive contributors, cement and refinery products showing moderate growth, and natural gas and fertilizers recording contractions; the release supplies monthly indices and April-July cumulative growth comparisons and states that data are provisional and subject to revision.