Press Information Bureau

Government of India

Ministry of Commerce & Industry

30-January-2012 18:32 IST

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

December 2011

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  147.30 in December 2011 with a growth rate of 3.1% compared to their 6.3% Growth in December 2010.  During April-December 2011-12, the cumulative growth rate of the Core industries was 4.4% as against their growth at 5.7% during the corresponding period in 2010-11.

Coal

Coal production (weight: 4.38%) registered a growth of 5.6% in December 2011 compared to its growth at 3.8% in December 2010. However, in cumulative terms Coal production had a negative growth of  (-) 2.7% during April-December 2011-12 compared to its growth at 0.8% during the same period of 2010-11.

Crude Oil

Crude Oil production (weight: 5.22%) registered a growth of (-) 5.6% in December 2011 compared to its growth at 15.8% in December 2010. Cumulatively Crude Oil production registered a growth of 1.9% during April-December 2011-12 compared to its growth at 12.0% during the same period of 2010-11.

Natural Gas

Natural Gas production (weight: 1.71%) registered a growth of (-) 10.8% in December 2011 compared to its growth at (-) 0.2% in December 2010. Natural Gas production registered a growth of (-) 8.8% during April-December 2011-12 compared to its growth at 17.3% during the same period of 2010-11.

Petroleum Refinery Products (0.93% of Crude Throughput)*

Petroleum refinery production (weight: 5.94%) had a growth of 0.8% in December 2011 compared to its growth at 8.3% in December 2010.  In cumulative terms Petroleum refinery production registered a growth of 4.1% during April-December 2011-12 compared to its 1.7% growth during the same period of 2010-11.

Fertilizers

Fertilizer production (weight: 1.25%) registered a growth of 0.8% in December 2011 against its growth at 0.3% in December 2010. Cumulatively Fertilizer production had a negative growth of  (-) 0.5% during April-December 2011-12 corresponding to  (-) 1.5% growth during the same period of 2010-11.

 Steel (Alloy + Non-Alloy)

Steel production (weight: 6.68%) had a growth rate of 2.2% in December 2011 against its 9.4% growth in December 2010. Cumulatively Steel production had a  7.5% growth during April-December 2011-12 compared to its   8.3% growth during the same period of 2010-11.

Cement

Cement production (weight: 2.41%) registered a growth of 13.3% in December 2011 against its (-) 2.2% growth in December 2010. The cumulative growth of Cement Production was 5.3% during April-December 2011-12 compared to its   4.4% growth  during the same period of 2010-11.

Electricity

Electricity generation (weight: 10.32%) had a 8.0% growth in December 2011 compared to its 5.0% growth in December 2010. Electricity generation on the other hand had a cumulative growth of  9.2% during April-December 2011-12 as against its 4.7% growth during the same period of 2010-11.

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Index of Eight Core Industries: 3.1% growth in Dec 2011; Apr-Dec cumulative growth 4.4%; mixed sectoral trends. The Index of Eight Core Industries (weight 37.90% in IIP) was 147.30 in December 2011 (3.1% year on year); cumulative April-December 2011 12 growth was 4.4%. December sectoral changes: Coal +5.6% (cumulative -2.7%), Crude Oil -5.6% (cumulative +1.9%), Natural Gas -10.8% (cumulative -8.8%), Refinery Products +0.8% (cumulative +4.1%), Fertilizers +0.8% (cumulative -0.5%), Steel +2.2% (cumulative +7.5%), Cement +13.3% (cumulative +5.3%), Electricity +8.0% (cumulative +9.2%).