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  1. The summary of the Index of Eight Core Industries (base: 2004-05) is given at the Annexure.

2.         The Eight Core Industries comprise nearly 38% of the weight of items included in the Index of Industrial Production (IIP).The combined Index of Eight Core Industries stands at 172.2 in February, 2016, which was 5.7 %highercompared to the index of February, 2015. Its cumulative growth during April to February, 2015-16 was 2.3 %.

Coal

3.         Coal production (weight: 4.38%) increased by 3.9 % inFebruary, 2016over February, 2015. Its cumulative index during April to February, 2015-16 increased by 5.0% over corresponding period of previous year.

Crude Oil

4.         Crude Oil production (weight: 5.22%) increased by 0.8 % in February, 2016over February, 2015. Its cumulative index during April to February, 2015-16 decreased by 1.0 % over the corresponding period of previous year.

Natural Gas

5.         The Natural Gas production (weight: 1.71%) increased by 1.2 % in February, 2016 over February, 2015. Its cumulative index during April to February, 2015-16 declined by 3.6 % over the corresponding period of previous year.

 

Refinery Products (93% of Crude Throughput)

6.         Petroleum Refinery production (weight: 5.94%) increased by 8.1 % in February, 2016 over February, 2015. Its cumulative index during April to February, 2015-16 increased by 3.1 % over the corresponding period of previous year.

Fertilizers

7.         Fertilizer production (weight: 1.25%)increased by 16.3 % in February, 2016 over February, 2015. Its cumulative index during April to February, 2015-16 increased by 10.3 % over the corresponding period of previous year.

Steel (Alloy + Non-Alloy)

8.         Steel production (weight: 6.68%) declined by 0.5 % in February, 2016 over February, 2015. Its cumulative index during April to February, 2015-16 declined by 1.8 %over the corresponding period of previous year.

Cement

9.         Cement production (weight: 2.41%) increasedby 13.5 % in February, 2016 over February, 2015. Its cumulative index during April to February, 2015-16 increased by 3.9 % over the corresponding period of previous year.

Electricity

10.       Electricity generation (weight: 10.32%)increased by 9.2 % in February, 2016 over February, 2015. Its cumulative index during April to February, 2015-16 increased by 4.6 % over the corresponding period of previous year.

 Note 1:Data are provisional. Revision has been made based on revised data received for corresponding month of previous year in respect of Coal, Crude Oil, Natural Gas, Refinery Product, Steel, Cement and Electricity. Accordingly, indices for the month February, 2015 have been revised.

Note 2: Release of the index for March, 2016 will be on Monday, 2nd May, 2016.

Annexure

Performance of Eight Core Industries

Yearly Index & Growth Rate

Base Year: 2004-05=100

INDEX

Sector Weight 2010-11 2011-12 2012-13 2013-14 2014-15 Apr-Feb 2014-15 Apr-Feb 2015-16
Coal 4.379 139.7 141.5 148.1 150.0 162.5 157.2 165.0
Crude Oil 5.216 111.0 112.1 111.4 111.2 110.2 109.9 108.8
Natural Gas 1.708 164.4 149.7 128.1 111.5 106.0 105.9 102.1
Refinery Products 5.939 129.7 133.7 172.5 175.0 175.6 175.0 180.5
Fertilizers 1.254 103.4 103.8 100.2 101.8 101.7 102.2 112.7
Steel 6.684 157.7 174.0 181.1 201.9 211.8 211.3 207.5
Cement 2.406 164.2 175.2 188.7 194.5 205.2 204.0 212.0
Electricity 10.316 138.1 149.3 155.3 164.6 178.5 178.7 187.0
Overall Index 37.903 138.4 145.3 154.7 161.2 168.6 167.7 171.6

 

GROWTH RATES (in %)

Sector Weight 2010-11 2011-12 2012-13 2013-14 2014-15 Apr-Feb 2014-15 Apr-Feb 2015-16
Coal 4.379 -0.2 1.3 4.6 1.3 8.3 8.6 5.0
Crude Oil 5.216 11.9 1.0 -0.6 -0.2 -0.9 -1.1 -1.0
Natural Gas 1.708 10.0 -8.9 -14.5 -13.0 -4.9 -5.3 -3.6
Refinery Products# 5.939 3.0 3.1 29.0 1.5 0.4 0.5 3.1
Fertilizers 1.254 0.0 0.4 -3.4 1.5 -0.1 -0.5 10.3
Steel 6.684 13.2 10.3 4.1 11.5 4.9 5.9 -1.8
Cement 2.406 4.5 6.7 7.7 3.1 5.5 6.6 3.9
Electricity 10.316 5.6 8.1 4.0 6.0 8.4 9.0 4.6
Overall Index 37.903 6.6 5.0 6.5 4.2 4.6 5.0 2.3

 

#Refinery Products’ yearly growth rate of 2012-13 is not comparable with other years on account of inclusion of RIL (SEZ) production data since April, 2012.

Performance of Eight Core Industries

Monthly Index & Growth Rate

Base Year: 2004-05=100

 

INDEX

Sector Coal Crude Oil Natural Gas Refinery Products Fertilizers Steel Cement Electricity Overall Index
Weight 4.379 5.216 1.708 5.939 1.254 6.684 2.406 10.316 37.903
Feb-15 184.4 101.5 95.7 166.0 97.5 203.6 204.9 165.9 162.9
Mar-15 220.4 113.9 107.2 182.5 96.9 217.3 217.4 175.9 177.8
Apr-15 156.0 106.6 100.9 161.3 87.3 201.3 213.6 176.0 162.4
May-15 156.5 112.5 107.8 186.0 101.8 231.7 221.3 194.0 178.6
Jun-15 148.1 109.5 102.9 183.9 105.3 221.1 215.0 181.8 171.2
Jul-15 134.7 110.7 99.0 176.2 111.3 206.3 209.7 190.3 168.0
Aug-15 139.0 112.8 107.2 185.1 119.0 197.5 197.2 194.3 169.6
Sep-15 143.2 107.4 103.9 170.3 119.4 197.5 195.8 194.4 166.8
Oct-15 168.4 111.3 105.6 172.5 122.1 209.4 207.4 201.1 175.4
Nov-15 180.3 107.3 102.6 185.9 118.4 194.6 185.9 174.2 166.8
Dec-15 197.4 108.7 103.4 190.2 122.6 203.6 217.9 182.4 175.7
Jan-16 200.4 107.3 92.5 194.7 118.5 216.7 236.1 187.3 180.7
Feb-16 191.5 102.3 96.9 179.4 113.4 202.6 232.5 181.2 172.2

 

 

GROWTH RATES (in %)
Sector Coal Crude Oil Natural Gas Refinery Products Fertilizers Steel Cement Electricity Overall Index
Weight 4.379 5.216 1.708 5.939 1.254 6.684 2.406 10.316 37.903
Feb-15 10.8 -1.9 -8.1 -1.0 -0.4 -0.6 2.2 5.9 2.3
Mar-15 6.0 1.7 -1.5 -1.3 5.2 -4.4 -4.2 1.7 -0.1
Apr-15 7.9 -2.7 -3.6 -2.9 0.0 0.6 -2.4 -1.1 -0.4
May-15 7.8 0.8 -3.1 7.9 1.3 2.6 2.6 5.5 4.4
Jun-15 6.3 -0.7 -5.9 7.5 5.8 4.9 2.6 0.2 3.0
Jul-15 0.3 -0.4 -4.4 2.9 8.6 -2.6 1.3 3.5 1.1
Aug-15 0.4 5.6 3.7 5.8 12.6 -5.9 5.4 5.6 2.6
Sep-15 1.9 -0.1 0.9 0.5 18.1 -2.5 -1.5 10.8 3.2
Oct-15 6.3 -2.1 -1.8 -4.4 16.2 -1.2 11.7 8.8 3.2
Nov-15 3.5 -3.3 -3.9 2.5 13.5 -8.4 -1.8 0.0 -1.3
Dec-15 6.1 -4.1 -6.1 2.1 13.1 -4.4 3.2 2.7 0.9
Jan-16 9.1 -4.6 -15.3 4.8 6.2 -2.8 9.0 6.0 2.9
Feb-16 3.9 0.8 1.2 8.1 16.3 -0.5 13.5 9.2 5.7

 

 

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DJM/nb

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