Press Information Bureau
Government of India
Ministry of Commerce & Industry

30-April-2012 18:03 IST

Index of Eight Core Industries (Base: 2004-05=100) March 2012

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 158.4 in March 2012 with a growth rate of 2.0% compared to their 6.5% Growth in March 2011.  During April-March 2011-12, the cumulative growth rate of the Core industries was 4.3 % as against their growth at 6.6% during the corresponding period in 2010-11.

Coal

3.         Coal production (weight: 4.38%) registered a growth of 6.8% in March 2012 compared to its growth at (-) 1.1% in March 2011. However, in cumulative terms Coal production had a growth of 1.2% during April-March 2011-12 compared to its growth at (-) 0.2% during the same period of 2010-11. 

Crude Oil

4.         Crude Oil production (weight: 5.22%) registered a growth of (-) 2.9% in March 2012 compared to its growth at 12.1% in March 2011. Cumulatively Crude Oil production registered a growth of 1.0% during April-March 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 (-) 10.1% in March 2012 compared to its growth at (-) 10.6% in March 2011. Natural Gas production registered a cumulative growth of (-) 8.9% during April-March 2011-12 compared to its growth at 10.0% 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 1.6% in March 2012 compared to its growth at 8.5% in March 2011.  In cumulative terms Petroleum refinery production registered a growth of 3.2% during April-March 2011-12 compared to its 3.0% growth during the same period of 2010-11.

Fertilizers

7.         Fertilizer production (weight: 1.25%) registered a growth of 1.5% in March 2012 against its growth at 3.9% in March 2011. Cumulatively Fertilizer production had a growth of 0.4% during April-March 2011-12 corresponding to 0.0% growth during the same period of 2010-11.

 Steel (Alloy + Non-Alloy)

8.         Steel production (weight: 6.68%) had a growth rate of 2.3% in March 2012 against its 12.0% growth in March 2011. Cumulatively Steel production had a 7.0% growth during April-March 2011-12 compared to its   13.2% growth during the same period of 2010-11.

Cement

9.         Cement production (weight: 2.41%) registered a growth of 7.1% in March 2012 against its 6.5% growth in March 2011. The cumulative growth of Cement Production was 6.7% during April-March 2011-12 compared to its   4.5% growth during the same period of 2010-11.

Electricity

10.       Electricity generation (weight: 10.32%) had a 2.1% growth in March 2012 compared to its 7.6% growth in March 2011. Electricity generation on the other hand had a cumulative growth of 8.0% during April-March 2011-12 as against its 5.6% 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.

INDEX

GROWTH RATE (in %)

 

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Index of eight core industries shows 2.0% growth in March 2012 and 4.3% cumulative annual growth. The release reports the Index of Eight Core Industries (weight 37.90% in IIP) at 158.4 for March 2012 with 2.0% monthly growth and 4.3% cumulative April-March 2011-12 growth; it provides sectoral monthly and cumulative growth rates for Coal, Crude Oil, Natural Gas, Petroleum Refinery Products, Fertilizers, Steel, Cement, and Electricity, notes a reporting exception for an SEZ refinery's crude throughput excluded from production, and states data are provisional with revisions where revised source data were obtained.