Press Information Bureau

Government of India

Ministry of Commerce & Industry

30-November-2012 19:34 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 151.2 in October 2012 with a growth rate of 6.5% compared to their 0.4% growth in October 2011.  The modest growth in October, 2012 was on account of double digit growth witnessed in the production of Petroleum Refinery Products and Coal

During April-October 2012-13, the cumulative growth rate of the Core industries was 3.7 % as against their growth at 4.3% during the corresponding period in 2011-12.

Coal

Coal production (weight: 4.38%) registered a growth of 10.9% in October 2012 compared to its negative growth at (-) 8.8% in October 2011. In cumulative terms also Coal production recorded a growth of 8.7% during April-October 2012-13 compared to its negative growth at (-) 5.4% during the same period of 2011-12.

Crude Oil

Crude Oil production (weight: 5.22%) had a negative growth of (-) 0.4% in October 2012 compared to its (-) 0.9% growth in October 2011. Cumulatively, Crude Oil production recorded a negative growth of (-) 0.7% during April-October 2012-13 compared to its growth at 4.2% during the same period of 2011-12.

Natural Gas

The growth rate of Natural Gas production (weight: 1.71%) was negative both in October, 2012 at (-) 14.9% and in October 2011 at (-) 7.4%. Cumulatively also, Natural Gas production registered a negative growth of (-) 12.8% during April-October 2012-13 and (-) 8.3% during the same period of 2011-12.

Petroleum Refinery Products (0.93% of Crude Throughput)*

Petroleum refinery production (weight: 5.94%) had a growth of 20.3% in October 2012 compared to its growth at (-) 2.9% in October 2011.  In cumulative terms, Petroleum refinery production registered a growth of 7.3% during April-October 2012-13 compared to its 3.5% growth during the same period of 2011-12.

Fertilizers

Fertilizer production (weight: 1.25%) registered a growth of 2.0% in October 2012 against its growth at (-) 2.1% in October 2011. Cumulatively, Fertilizer production registered a negative growth of (-) 4.5% during April-October 2012-13 compared to 0.2% growth during the same period of 2011-12.

 Steel (Alloy + Non-Alloy)

Steel production (weight: 6.68%) had a growth rate of 5.9% in October 2012 against its 4.2% growth in October 2011. Cumulatively, Steel production registered 3.0% growth during April-October 2012-13 compared to its 8.7% growth during the same period of 2011-12.

Cement

Cement production (weight: 2.41%) registered a growth of 6.8% in October 2012 against its 0.3% growth in October 2011. The cumulative growth of Cement Production was 7.7% during April-October 2012-13 compared to its 3.3% growth during the same period of 2011-12.

Electricity

Electricity generation (weight: 10.32%) had a 5.2% growth in October 2012 compared to its 5.3% growth in October 2011. The cumulative growth of Electricity generation was 4.8% during April-October 2012-13 compared to its 8.7% growth during the same period of 2011-12.

Click here to see Annexure

* 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.

DS

Index of Eight Core Industries shows 6.5% growth in October 2012, driven by coal and refinery output. The Index of Eight Core Industries for October 2012 was 151.2 (base 2004 05=100), up 6.5% year on year; the eight sectors account for 37.90% of IIP. October's increase was driven mainly by double digit growth in Coal and Petroleum Refinery Products. Cumulative growth for April-October 2012-13 was 3.7% versus 4.3% a year earlier, with Coal and Refinery Products showing positive cumulative gains while Natural Gas and Fertilizers registered cumulative declines. Data are provisional and detailed sectoral indices and growth rates are annexed.