Press Information Bureau

Government of India

Ministry of Commerce & Industry

28-February-2012 16:02 IST

1. The summarized Index of Eight Core Industries with 2004-05 base is given at the Annexure.

2. The   Eight core industries have a combined weight of 37.90 per cent in the Index of Industrial Production (IIP).  The combined Index was 149.1 in January 2012 with a growth rate of 0.5% compared to their 6.4% Growth in January 2011.  During April-January 2011-12, the cumulative growth rate of the Core industries was 4.1% as against their growth at 5.7% during the corresponding period in 2010-11.

Coal

3. Coal production (weight: 4.38%) registered a growth of 7.5% in January 2012 compared to its growth at (-) 1.3% in January 2011. However, in cumulative terms Coal production had a negative growth of (-) 1.5% during April-January 2011-12 compared to its growth at 0.6% during the same period of 2010-11.  

Crude Oil

4. Crude Oil production (weight: 5.22%) registered a growth of (-) 2.0% in January 2012 compared to its growth at 10.8% in January 2011. Cumulatively Crude Oil production registered a growth of 1.5% during April-January 2011-12 compared to its growth at 11.9% during the same period of 2010-11.

Natural Gas

5. Natural Gas production (weight: 1.71%) registered a growth of (-) 8.9% in January 2012 compared to its growth at (-) 6.3% in January 2011. Natural Gas production registered a growth of (-) 8.8% during April-January 2011-12 compared to its growth at 14.4% during the same period of 2010-11.

Petroleum Refinery Products (0.93% of Crude Throughput)*

6. Petroleum refinery production (weight: 5.94%) had a growth of (-) 4.6% in January 2012 compared to its growth at 8.7% in January 2011.  In cumulative terms Petroleum refinery production registered a growth of 3.1% during April-January 2011-12 compared to its 2.4% growth during the same period of 2010-11.

Fertilizers

7. Fertilizer production (weight: 1.25%) registered a growth of 4.0% in January 2012 against its growth at 5.9% in January 2011. Cumulatively Fertilizer production had a negative growth of (-) 0.1% during April-January 2011-12 corresponding to (-) 0.8% growth during the same period of 2010-11.

Steel (Alloy + Non-Alloy)

8. Steel production (weight: 6.68%) had a growth rate of (-) 2.9% in January 2012 against its 8.7% growth in January 2011. Cumulatively Steel production had a 7.0% growth during April-January 2011-12 compared to its   8.4% growth during the same period of 2010-11.

Cement

9. Cement production (weight: 2.41%) registered a growth of 10.6% in January 2012 against its 1.8% growth in January 2011. The cumulative growth of Cement Production was 6.0% during April-January 2011-12 compared to its   4.1% growth during the same period of 2010-11.

Electricity

10. Electricity generation (weight: 10.32%) had a 2.4% growth in January 2012 compared to its 9.7% growth in January 2011. Electricity generation on the other hand had a cumulative growth of 8.6% during April-January 2011-12 as against its 5.2% growth during the same period of 2010-11.

* RPL (SEZ) with refining capacity 29MMT was commissioned on 25.12.2008 but crude throughput not reported by the refinery and not included in production for entire period.

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

Click here to see Annexure

Core industries index shows subdued growth with mixed sectoral performance and slower cumulative expansion trend The Index of Eight Core Industries (weight 37.90% of IIP) recorded a combined index of 149.1 in January 2012 with 0.5% growth. The release provides monthly and cumulative April-January growth rates for Coal, Crude Oil, Natural Gas, Petroleum Refinery Products, Fertilizers, Steel, Cement, and Electricity, evidencing mixed sectoral performance and noting provisional data and a specific refinery throughput treatment.