New Delhi: The summary of the Index of Eight Core Industries (base: 2004-05) is given at the Annexure.
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 161.5 in February, 2015, which was 1.4 % higher compared to the index of February, 2014. Its cumulative growth during April to February, 2014-15 was 3.8%.
Coal
Coal production (weight: 4.38 %) increased by 11.6 % in February, 2015 over February, 2014. Its cumulative index during April to February, 2014-15 increased by 8.5 % over corresponding period of previous year.
Crude Oil
Crude Oil production (weight: 5.22 %) declined by 1.9% in February, 2015 over February, 2014. The cumulative index of Crude Oil during April to February, 2014-15 declined by 1.1 % over the corresponding period of previous year.
Natural Gas
The Natural Gas production (weight: 1.71 %) declined by 8.1 % in February, 2015. Its cumulative index during April to February, 2014-15 declined by 5.5% over the corresponding period of previous year.
Refinery Products (0.93% of Crude Throughput)
Petroleum Refinery production (weight: 5.94%) declined by 1.0% in February 2015. Its cumulative index during April to February, 2014-15 increased by 0.5% over the corresponding period of previous year.
Fertilizers
Fertilizer production (weight: 1.25%) declined by 0.4% in February, 2015. Its cumulative index during April to february, 2014-15 declined by 0.5 % over the corresponding period of previous year.
Steel (Alloy + Non-Alloy)
Steel production (weight: 6.68%) declined by 4.4 % in February, 2015. Its cumulative index during April to February, 2014-15 increased by 1.1% over the corresponding period of previous year.
Cement
Cement production (weight: 2.41%) increased by 2.7 % in February, 2015. Its cumulative growth during April to February, 2014-15 was 6.1 % over the corresponding period of previous year.
Electricity
Electricity generation (weight: 10.32%) increased by 5.2 % in February, 2015 and it registered a cumulative growth of 8.6 % during April to February, 2014-15 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, 2014 have been revised.
Performance of Eight Core Industries
Yearly Index & Growth Rate
Base Year: 2004-05=100
INDEX
Sector | Weight | 2009-10 | 2010-11 | 2011-12 | 2012-13 | 2013-14 | Apr-Feb 13-14 | Apr-Feb 14-15 |
Coal | 4.379 | 140.0 | 139.7 | 141.5 | 148.1 | 150.0 | 144.7 | 157.1 |
Crude Oil | 5.216 | 99.1 | 111.0 | 112.1 | 111.4 | 111.2 | 111.1 | 109.9 |
Natural Gas | 1.708 | 149.5 | 164.4 | 149.7 | 128.1 | 111.5 | 111.7 | 105.6 |
Refinery Products | 5.939 | 125.9 | 129.7 | 133.7 | 172.5 | 174.9 | 174.1 | 175.1 |
Fertilizers | 1.254 | 103.4 | 103.4 | 103.8 | 100.2 | 101.8 | 102.7 | 102.2 |
Steel | 6.684 | 139.3 | 157.7 | 174.0 | 181.1 | 200.8 | 199.6 | 201.7 |
Cement | 2.406 | 157.1 | 164.2 | 175.2 | 188.7 | 194.4 | 191.5 | 204.3 |
Electricity | 10.316 | 130.8 | 138.1 | 149.3 | 155.3 | 164.6 | 163.9 | 178.0 |
Overall Index | 37.903 | 129.9 | 138.4 | 145.3 | 154.7 | 161.0 | 159.7 | 165.8 |
GROWTH RATES (in %)
Sector | Weight | 2009-10 | 2010-11 | 2011-12 | 2012-13 | 2013-14 | Apr-Feb 13-14 | Apr-Feb 14-15 |
Coal | 4.379 | 8.1 | -0.2 | 1.3 | 4.6 | 1.3 | 1.4 | 8.5 |
Crude Oil | 5.216 | 0.5 | 11.9 | 1.0 | -0.6 | -0.2 | -0.1 | -1.1 |
Natural Gas | 1.708 | 44.6 | 10.0 | -8.9 | -14.5 | -13.0 | -13.3 | -5.5 |
Refinery Products | 5.939 | -0.4 | 3.0 | 3.1 | 29.0 | 1.4 | 1.3 | 0.5 |
Fertilizers | 1.254 | 12.7 | 0.0 | 0.4 | -3.4 | 1.5 | 2.2 | -0.5 |
Steel | 6.684 | 6.0 | 13.2 | 10.3 | 4.1 | 10.9 | 11.4 | 1.1 |
Cement | 2.406 | 10.5 | 4.5 | 6.7 | 7.7 | 3.0 | 3.4 | 6.7 |
Electricity | 10.316 | 6.2 | 5.6 | 8.1 | 4.0 | 6.0 | 6.1 | 8.6 |
Overall Index | 37.903 | 6.6 | 6.6 | 5.0 | 6.5 | 4.1 | 4.2 | 3.8 |
#Refinery Products’ yearly growth rates of 2012-13 are 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-14 | 166.5 | 103.5 | 104.2 | 167.7 | 97.9 | 204.8 | 200.4 | 156.6 | 159.2 |
Mar-14 | 208.3 | 112.1 | 108.8 | 183.8 | 92.1 | 214.2 | 226.2 | 172.9 | 175.4 |
Apr-14 | 140.5 | 109.6 | 104.7 | 165.8 | 87.4 | 192.8 | 217.5 | 176.9 | 160.9 |
May-14 | 145.2 | 111.6 | 111.2 | 171.6 | 100.5 | 214.3 | 216.4 | 183.2 | 168.7 |
Jun-14 | 139.2 | 110.4 | 109.4 | 173.3 | 99.5 | 196.1 | 209.7 | 181.5 | 163.9 |
Jul-14 | 134.9 | 111.1 | 103.5 | 170.8 | 102.5 | 200.4 | 206.9 | 182.8 | 163.9 |
Aug-14 | 138.6 | 106.8 | 103.1 | 175.1 | 105.7 | 209.3 | 187.7 | 183.6 | 165.1 |
Sep-14 | 140.1 | 107.5 | 102.6 | 169.7 | 101.1 | 197.4 | 198.0 | 175.3 | 160.6 |
Oct-14 | 158.2 | 113.6 | 107.2 | 180.5 | 105.1 | 189.8 | 185.9 | 184.1 | 165.9 |
Nov-14 | 174.0 | 111.0 | 106.2 | 181.3 | 104.4 | 195.8 | 190.8 | 174.6 | 166.2 |
Dec-14 | 186.0 | 113.4 | 109.4 | 186.2 | 108.5 | 207.9 | 211.2 | 175.7 | 172.7 |
Jan-15 | 185.0 | 112.6 | 108.5 | 185.7 | 111.6 | 218.9 | 217.2 | 175.7 | 174.8 |
Feb-15 | 185.9 | 101.5 | 95.8 | 166.0 | 97.5 | 195.9 | 205.7 | 164.8 | 161.5 |
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-14 | 0.9 | 1.9 | -4.4 | 2.0 | -0.7 | 11.5 | 2.4 | 11.5 | 6.1 |
Mar-14 | 0.7 | -1.6 | -9.3 | 2.8 | -6.1 | 5.4 | 0.0 | 5.4 | 2.5 |
Apr-14 | 3.3 | -0.1 | -7.7 | -2.2 | 11.1 | 3.1 | 6.7 | 11.2 | 4.2 |
May-14 | 5.5 | -0.3 | -2.2 | -2.3 | 17.6 | -2.0 | 8.7 | 6.3 | 2.3 |
Jun-14 | 8.1 | 0.1 | -1.7 | 1.2 | -1.0 | 4.2 | 13.6 | 15.7 | 7.3 |
Jul-14 | 6.2 | -1.0 | -9.0 | -5.5 | -4.2 | -3.4 | 16.5 | 11.2 | 2.7 |
Aug-14 | 13.4 | -4.9 | -8.3 | -4.3 | -4.3 | 9.1 | 10.3 | 12.6 | 5.8 |
Sep-14 | 7.2 | -1.1 | -6.2 | -2.5 | -11.6 | 4.0 | 3.2 | 3.8 | 1.9 |
Oct-14 | 16.2 | 1.0 | -4.2 | 4.2 | -7.0 | 2.3 | -1.0 | 13.2 | 6.3 |
Nov-14 | 14.5 | -0.1 | -2.9 | 8.1 | -2.8 | 1.3 | 11.3 | 10.2 | 6.7 |
Dec-14 | 7.5 | -1.4 | -3.5 | 6.1 | -1.6 | -2.4 | 3.8 | 3.7 | 2.4 |
Jan-15 | 1.7 | -2.3 | -6.6 | 4.7 | 7.1 | 1.6 | 0.5 | 2.7 | 1.8 |
Feb-15 | 11.6 | -1.9 | -8.1 | -1.0 | -0.4 | -4.4 | 2.7 | 5.2 | 1.4 |
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.