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Government of India
Ministry of Commerce & Industry
30-April-2015 16:56 IST
Index of Eight Core Industries (Base: 2004-05=100), March, 2015

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 177.8 in March, 2015, which was 0.1 % lower compared to the index of March, 2014. Its cumulative growth during April to March, 2014-15was 3.5 %.

Coal

3.         Coal production (weight: 4.38%) increased by 6.0 % in March, 2015over March, 2014. Its cumulative index during April to March, 2014-15 increased by 8.2% over corresponding period of previous year.

Crude Oil

4.         Crude Oil production (weight: 5.22%) increased by 1.7 % in March, 2015over March, 2014. Its cumulative index during April to March, 2014-15 declined by 0.9 % over the corresponding period of previous year.

Natural Gas

5.         The Natural Gas production (weight: 1.71%) declined by 1.5 % in March, 2015. Its cumulative index during April to March, 2014-15 declined by 5.2 % over the corresponding period of previous year.

 

 


 

Refinery Products (0.93% of Crude Throughput)

6.         Petroleum Refinery production (weight: 5.94%) declined by 1.3 % in March, 2015. Its cumulative index during April to March, 2014-15 increased by 0.4 % over the corresponding period of previous year.

Fertilizers

7.         Fertilizer production (weight: 1.25%)increased by5.2 % in March, 2015. Its cumulative index during April to March, 2014-15 declined by 0.1 % over the corresponding period of previous year.

Steel (Alloy + Non-Alloy)

8.         Steel production (weight: 6.68%) declined by 4.4 % in March, 2015. Its cumulative index during April to March, 2014-15 increased by 0.5 %over the corresponding period of previous year.

Cement

9.         Cement production (weight: 2.41%) declined by 4.2 % in March, 2015. Its cumulative index during April to March, 2014-15increased by 5.6 % over the corresponding period of previous year.

Electricity

10.       Electricity generation (weight: 10.32%)increased by 1.7 % in March, 2015. Its cumulative index during April to March, 2014-15 increased by8.0 % 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 March, 2014 have been revised.

Note 2: Release of the index for April, 2015 will be on Monday, 01st June, 2015.


Annexure

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-Mar 2014-15

Coal

4.379

140.0

139.7

141.5

148.1

150.0

162.3

Crude Oil

5.216

99.1

111.0

112.1

111.4

111.2

110.3

Natural Gas

1.708

149.5

164.4

149.7

128.1

111.5

105.7

Refinery Products

5.939

125.9

129.7

133.7

172.5

175.0

175.7

Fertilizers

1.254

103.4

103.4

103.8

100.2

101.8

101.7

Steel

6.684

139.3

157.7

174.0

181.1

201.9

203.0

Cement

2.406

157.1

164.2

175.2

188.7

194.5

205.4

Electricity

10.316

130.8

138.1

149.3

155.3

164.6

177.8

Overall Index

37.903

129.9

138.4

145.3

154.7

161.2

166.8

 

 

 

GROWTH RATES (in %)

Sector

Weight

2009-10

2010-11

2011-12

2012-13

2013-14

Apr-Mar 2014-15

Coal

4.379

8.1

-0.2

1.3

4.6

1.3

8.2

Crude Oil

5.216

0.5

11.9

1.0

-0.6

-0.2

-0.9

Natural Gas

1.708

44.6

10.0

-8.9

-14.5

-13.0

-5.2

Refinery Products

5.939

-0.4

3.0

3.1

29.0#

1.5

0.4

Fertilizers

1.254

12.7

0.0

0.4

-3.4

1.5

-0.1

Steel

6.684

6.0

13.2

10.3

4.1

11.5

0.5

Cement

2.406

10.5

4.5

6.7

7.7

3.1

5.6

Electricity

10.316

6.2

5.6

8.1

4.0

6.0

8.0

Overall Index

37.903

6.6

6.6

5.0

6.5

4.2

3.5

 

#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

Mar-14

208.0

112.1

108.8

184.9

92.1

227.3

227.0

172.9

177.9

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

Mar-15

220.4

113.9

107.2

182.5

96.9

217.3

217.4

175.9

177.8

 

 

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

Mar-14

0.6

-1.6

-9.3

3.4

-6.1

11.8

0.4

5.4

4.0

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

Mar-15

6.0

1.7

-1.5

-1.3

5.2

-4.4

-4.2

1.7

-0.1

 

 

 

***

 

RC/nb