Press Information Bureau

Government of India

Ministry of Commerce & Industry

31-October-2012 18:2 IST

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 139.5 in September 2012 with a growth rate of 5.1% compared to their 2.5% growth in September 2011. The modest growth in September, 2012 was on account of double digit growth witnessed in the production of Coal, Petroleum Refinery Products and Cement.

During April-September 2012-13, the cumulative growth rate of the Core industries was 3.2 % as against their growth at 5.0% during the corresponding period in 2011-12.

Coal

3. Coal production (weight: 4.38%) registered a growth of 21.4% in September 2012 compared to its negative growth at (-) 18.2% in September 2011. In cumulative terms also Coal production recorded a growth of 8.3% during April-September 2012-13 compared to its negative growth at (-) 4.8% during the same period of 2011-12. 

Crude Oil

4. Crude Oil production (weight: 5.22%) had a negative growth of (-) 1.7% in September 2012 compared to its 0.1% growth in September 2011. Cumulatively, Crude Oil production recorded a negative growth of (-) 0.8% during April-September 2012-13 compared to its growth at 5.1% during the same period of 2011-12.

Natural Gas

5. The growth rate of Natural Gas production (weight: 1.71%) was negative both in September, 2012 at (-) 14.8% and in September 2011 at (-) 6.4%. Cumulatively also, Natural Gas production registered a negative growth of (-) 12.5% during April-September 2012-13 and (-) 8.5% during the same period of 2011-12.

Petroleum Refinery Products (0.93% of Crude Throughput)*

6. Petroleum refinery production (weight: 5.94%) had a growth of 11.4% in September 2012 compared to its growth at 4.3% in September 2011.  In cumulative terms, Petroleum refinery production registered a growth of 5.4% during April-September 2012-13 compared to its 4.6% growth during the same period of 2011-12.

Fertilizers

7. Fertilizer production (weight: 1.25%) registered a growth of 5.7% in September 2012 against its growth at (-) 2.1% in September 2011. Cumulatively, Fertilizer production registered a negative growth of (-) 5.6% during April-September 2012-13 compared to 0.6% growth during the same period of 2011-12.

Steel (Alloy + Non-Alloy)

8. Steel production (weight: 6.68%) had a growth rate of 2.0% in September 2012 against its 7.5% growth in September 2011. Cumulatively, Steel production registered 2.6% growth during April-September 2012-13 compared to its 9.5% growth during the same period of 2011-12.

Cement

9. Cement production (weight: 2.41%) registered a growth of 13.4% in September 2012 against its 2.2% growth in September 2011. The cumulative growth of Cement Production was 7.4% during April-September 2012-13 compared to its 3.8% growth during the same period of 2011-12.

Electricity

10. Electricity generation (weight: 10.32%) had a 3.7% growth in September 2012 compared to its 8.8% growth in September 2011. The cumulative growth of Electricity generation was 4.7% during April-September 2012-13 compared to its 9.3% growth during the same period of 2011-12.

Annexure

PERFORMANCE OF EIGHT CORE INDUSTRIES

YEARLY INDEX & GROWTH RATE

BASE YEAR 2004-05=100

(Weight in IIP: 37.90 %)

INDEX

GROWTH RATE (in %)

 

 PERFORMANCE OF EIGHT CORE INDUSTRIES

MONTHLY INDEX & GROWTH RATE

BASE YEAR 2004-05=100

(Weight in IIP: 37.90 %)

INDEX

Growth rates (in %)

******

DS

* 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.

Core industry growth rebounds as coal, petroleum refinery products and cement drive improved industrial output momentum. The combined Index of Eight Core Industries (weight 37.90% in IIP) was 139.5 in September 2012, with growth led by Coal, Petroleum Refinery Products and Cement; the release provides month on month and April-September cumulative comparisons versus the prior year, notes mixed sectoral performance across Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity, and states data are provisional with revisions where applicable.