The summary of the Index of Eight Core Industries is given below:
Coal –Coal production (weight: 10.33 per cent) increased by 14.6 per centin October,2021 overOctober,2020. Its cumulative index increased by 12.2 per centduring April to October,2021-22 over corresponding period of the previous year.
Crude Oil–Crude Oil production (weight: 8.98 per cent) declined by 2.2 per centinOctober, 2021 over October,2020. Its cumulative index declined by 2.8 per centduring April to October, 2021-22over the corresponding period of previous year.
Natural Gas - Natural Gas production (weight: 6.88 per cent) increased by 25.8 per cent inOctober, 2021over October, 2020. Its cumulative index increased by 22.6 per cent during April to October, 2021-22 over the corresponding period of previous year.
Petroleum Refinery Products–Petroleum Refinery production (weight: 28.04 per cent) increased by 14.4 per centin October, 2021 over October, 2020. Its cumulative index increased by 11.7 per cent during April to October, 2021-22over the corresponding period of previous year.
Fertilizers – Fertilizers production (weight: 2.63 per cent) increased by0.04 per centinOctober, 2021 over October, 2020. Its cumulative index decreased by 1.1 per centduring April toOctober, 2021-22 over the corresponding period of previous year.
Steel –Steel production (weight: 17.92 per cent)increased by 0.9 per cent in October, 2021 over October, 2020. Its cumulative index increased by 28.6 per centduring April to October, 2021-22 over the corresponding period of previous year.
Cement –Cement production (weight: 5.37 per cent) increased by 14.5 per centin October, 2021 over October, 2020. Its cumulative index increased by 33.6 per centduring April to October, 2021-22 over the corresponding period of previous year.
Electricity –Electricity generation (weight: 19.85 per cent) increased by 2.8per centin October, 2021 over October,2020. Its cumulative index increased by 11.3 per centduring April to October, 2021-22 over the corresponding period of previous year.
Note 1: Data for August, 2021, September, 2021 and October, 2021 are provisional.
Note 2: Since April, 2014, Electricity generation data from Renewable sources are also included.
Note 3: The industry-wise weights indicated above are individual industry weight derived from IIP and blown up on pro rata basis to a combined weight of ICI equal to 100.
Note 4: Since March 2019, a new steel product called Hot Rolled Pickled and Oiled (HRPO) under the item ‘Cold Rolled (CR) coils’ within the production of finished steel has also been included.
Note 5: Release of the index for November,2021 will be on Friday31st December, 2021.
Annex I
Performance of Eight Core Industries
Yearly Index & Growth Rate
Base Year: 2011-12=100
Index
Sector
|
Weight
|
2012-13
|
2013-14
|
2014-15
|
2015-16
|
2016-17
|
2017-18
|
2018-19
|
2019-20
|
2020-21
|
Apr- Oct 2020-21
|
Apr- Oct 2021-22*
|
Coal
|
10.3335
|
103.2
|
104.2
|
112.6
|
118.0
|
121.8
|
124.9
|
134.1
|
133.6
|
131.1
|
106.3
|
119.2
|
Crude Oil
|
8.9833
|
99.4
|
99.2
|
98.4
|
97.0
|
94.5
|
93.7
|
89.8
|
84.5
|
80.1
|
80.7
|
78.5
|
Natural Gas
|
6.8768
|
85.6
|
74.5
|
70.5
|
67.2
|
66.5
|
68.4
|
69.0
|
65.1
|
59.8
|
58.4
|
71.6
|
Refinery Products
|
28.0376
|
107.2
|
108.6
|
108.8
|
114.1
|
119.7
|
125.2
|
129.1
|
129.4
|
114.9
|
106.4
|
118.9
|
Fertilizers
|
2.6276
|
96.7
|
98.1
|
99.4
|
106.4
|
106.6
|
106.6
|
107.0
|
109.8
|
111.6
|
112.8
|
111.6
|
Steel
|
17.9166
|
107.9
|
115.8
|
121.7
|
120.2
|
133.1
|
140.5
|
147.7
|
152.6
|
139.4
|
120.9
|
155.5
|
Cement
|
5.3720
|
107.5
|
111.5
|
118.1
|
123.5
|
122.0
|
129.7
|
147.0
|
145.7
|
130.0
|
111.7
|
149.2
|
Electricity
|
19.8530
|
104.0
|
110.3
|
126.6
|
133.8
|
141.6
|
149.2
|
156.9
|
158.4
|
157.6
|
155.7
|
173.3
|
Overall Index
|
100.00
|
103.8
|
106.5
|
111.7
|
115.1
|
120.5
|
125.7
|
131.2
|
131.6
|
123.2
|
113.6
|
130.8
|
*Provisional
Growth Rates (on Y-o-Y basis in per cent)
Sector
|
Weight
|
2012-13
|
2013-14
|
2014-15
|
2015-16
|
2016-17
|
2017-18
|
2018-19
|
2019-20
|
2020-21
|
Apr-Oct 2020-21
|
Apr- Oct 2021-22*
|
Coal
|
10.3335
|
3.2
|
1.0
|
8.0
|
4.8
|
3.2
|
2.6
|
7.4
|
-0.4
|
-1.9
|
-3.6
|
12.2
|
Crude Oil
|
8.9833
|
-0.6
|
-0.2
|
-0.9
|
-1.4
|
-2.5
|
-0.9
|
-4.1
|
-5.9
|
-5.2
|
-6.1
|
-2.8
|
Natural Gas
|
6.8768
|
-14.4
|
-12.9
|
-5.3
|
-4.7
|
-1.0
|
2.9
|
0.8
|
-5.6
|
-8.2
|
-12.5
|
22.6
|
Refinery Products
|
28.0376
|
7.2
|
1.4
|
0.2
|
4.9
|
4.9
|
4.6
|
3.1
|
0.2
|
-11.2
|
-16.4
|
11.7
|
Fertilizers
|
2.6276
|
-3.3
|
1.5
|
1.3
|
7.0
|
0.2
|
0.03
|
0.3
|
2.7
|
1.7
|
4.1
|
-1.1
|
Steel
|
17.9166
|
7.9
|
7.3
|
5.1
|
-1.3
|
10.7
|
5.6
|
5.1
|
3.4
|
-8.7
|
-20.9
|
28.6
|
Cement
|
5.3720
|
7.5
|
3.7
|
5.9
|
4.6
|
-1.2
|
6.3
|
13.3
|
-0.9
|
-10.8
|
-21.2
|
33.6
|
Electricity
|
19.8530
|
4.0
|
6.1
|
14.8
|
5.7
|
5.8
|
5.3
|
5.2
|
0.9
|
-0.5
|
-5.5
|
11.3
|
Overall Growth
|
100.00
|
3.8
|
2.6
|
4.9
|
3.0
|
4.8
|
4.3
|
4.4
|
0.4
|
-6.4
|
-12.6
|
15.1
|
*Provisional,YoY is calculated over the corresponding financial year of previous year
Annex II
Performance of Eight Core Industries
Monthly Index & Growth Rate
Base Year: 2011-12=100
Index
Sector
|
Coal
|
Crude Oil
|
Natural Gas
|
Refinery Products
|
Fertilizers
|
Steel
|
Cement
|
Electricity
|
Overall Index
|
Weight
|
10.3335
|
8.9833
|
6.8768
|
28.0376
|
2.6276
|
17.9166
|
5.3720
|
19.8530
|
100.00
|
Oct-20
|
122.4
|
80.9
|
60.6
|
111.5
|
122.8
|
158.4
|
141.3
|
162.2
|
126.7
|
Nov-20
|
137.9
|
78.3
|
58.4
|
126.5
|
118.5
|
156.0
|
132.1
|
144.8
|
127.7
|
Dec-20
|
156.2
|
80.5
|
60.8
|
126.9
|
117.0
|
170.9
|
147.8
|
157.9
|
136.1
|
Jan-21
|
161.6
|
81.1
|
64.0
|
130.9
|
117.5
|
168.1
|
154.6
|
164.2
|
139.2
|
Feb-21
|
163.6
|
73.2
|
57.7
|
114.8
|
103.9
|
156.3
|
160.9
|
153.9
|
129.6
|
Mar-21
|
210.3
|
82.4
|
67.5
|
134.4
|
93.4
|
175.2
|
182.5
|
180.0
|
150.8
|
Apr-21
|
113.5
|
78.5
|
66.7
|
123.4
|
88.3
|
160.0
|
159.0
|
174.0
|
132.0
|
May-21
|
117.1
|
76.8
|
68.7
|
117.7
|
102.5
|
149.4
|
131.1
|
161.9
|
125.4
|
Jun-21
|
112.1
|
78.2
|
70.0
|
113.2
|
116.9
|
153.1
|
148.2
|
169.1
|
127.2
|
Jul-21
|
119.2
|
80.3
|
72.8
|
122.2
|
120.1
|
155.2
|
154.3
|
184.7
|
134.7
|
Aug-21*
|
118.4
|
79.4
|
73.7
|
115.5
|
117.0
|
156.6
|
148.8
|
188.7
|
133.4
|
Sep-21*
|
114.0
|
77.0
|
73.3
|
112.7
|
113.6
|
154.1
|
141.1
|
167.9
|
126.9
|
Oct-21*
|
140.4
|
79.2
|
76.3
|
127.5
|
122.9
|
159.8
|
161.9
|
166.6
|
136.2
|
*Provisional
Growth Rates (on Y-o-Y basis in per cent)
Sector
|
Coal
|
Crude Oil
|
Natural Gas
|
Refinery Products
|
Fertilizers
|
Steel
|
Cement
|
Electricity
|
Overall Growth
|
Weight
|
10.3335
|
8.9833
|
6.8768
|
28.0376
|
2.6276
|
17.9166
|
5.3720
|
19.8530
|
100.00
|
Oct-20
|
11.7
|
-6.2
|
-8.6
|
-17.0
|
6.3
|
5.9
|
3.2
|
11.2
|
-0.5
|
Nov-20
|
3.3
|
-4.9
|
-9.3
|
-4.8
|
1.6
|
0.7
|
-7.3
|
3.5
|
-1.1
|
Dec-20
|
2.2
|
-3.6
|
-7.2
|
-2.8
|
-2.9
|
3.5
|
-7.2
|
5.1
|
0.4
|
Jan-21
|
-1.9
|
-4.6
|
-2.1
|
-2.6
|
0.8
|
8.2
|
-5.8
|
5.5
|
1.3
|
Feb-21
|
-4.4
|
-3.2
|
-1.0
|
-10.9
|
-3.7
|
2.2
|
0.2
|
0.2
|
-3.3
|
Mar-21
|
0.3
|
-3.1
|
12.3
|
-0.7
|
-5.0
|
31.5
|
40.6
|
22.5
|
12.6
|
Apr-21
|
9.5
|
-2.1
|
25.0
|
30.9
|
3.9
|
494.8
|
606.6
|
38.5
|
62.6
|
May-21
|
7.0
|
-6.3
|
20.1
|
15.3
|
-9.6
|
55.1
|
11.7
|
7.5
|
16.4
|
Jun-21
|
7.4
|
-1.8
|
20.6
|
2.4
|
2.0
|
25.2
|
7.5
|
8.2
|
9.4
|
Jul-21
|
18.8
|
-3.2
|
19.0
|
6.7
|
0.6
|
9.4
|
21.7
|
11.0
|
9.9
|
Aug-21*
|
20.6
|
-2.3
|
20.7
|
9.1
|
-3.1
|
3.9
|
36.3
|
16.0
|
11.5
|
Sep-21*
|
8.0
|
-1.7
|
27.5
|
6.0
|
0.04
|
2.8
|
11.3
|
0.9
|
4.5
|
Oct-21*
|
14.6
|
-2.2
|
25.8
|
14.4
|
0.04
|
0.9
|
14.5
|
2.8
|
7.5
|
*Provisional,YoY is calculated over the corresponding month of previous year
|