Ministry of Commerce & Industry
Index of Eight Core Industries for February, 2020
Posted On:
31 MAR 2020 5:00PM by PIB Delhi
1. The summary of the Index of Eight Core Industries (base: 2011-12=100) is given at the Annexure.
2. The Eight Core Industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP). The combined Index of Eight Core Industries stood at 132.9 in February 2020, which increasedby 5.5per centas compared to the index of February,2019. Its cumulative growth during April to February, 2019-20was 1.0per cent.
Coal
3. Coal production (weight: 10.33per cent)increasedby 10.3 per cent in February 2020 over February,2019. Its cumulative index declinedby 1.2 per centduring April toFebruary, 2019-20over corresponding period of the previous year.
Crude Oil
4. Crude Oil production (weight: 8.98per cent) declinedby 6.4 per cent inFebruary, 2020 over February,2019. Its cumulative index declined by 6.0 per centduring April toFebruary, 2019-20over the corresponding period of previous year.
Natural Gas
5. The Natural Gas production (weight: 6.88per cent) declinedby9.6 per cent in February, 2020 over February,2019. Its cumulative index declined by 4.8 per centduring April toFebruary, 2019-20 over the corresponding period of previous year.
Refinery Products
6. Petroleum Refinery production (weight: 28.04per cent)increasedby7.4 per cent inFebruary, 2020 overFebruary,2019. Its cumulative index increasedby 0.3 per centduring April to February, 2019-20over the corresponding period of previous year.
Fertilizers
7. Fertilizers production (weight: 2.63 per cent) increased by 2.9 per cent in February, 2020 overFebruary,2019. Its cumulative index increasedby 4.1 per cent during April toFebruary, 2019-20 over the corresponding period of previous year.
Steel
8. Steel production (weight: 17.92per cent)declinedby 0.4 per cent inFebruary, 2020 over February,2019. Its cumulative index increased by 5.0 per centduring April to February, 2019-20 over the corresponding period of previous year.
Cement
9. Cement production (weight: 5.37per cent) increasedby8.6per cent inFebruary, 2020overFebruary,2019. Its cumulative index increasedby1.8per centduring April to February, 2019-20over the corresponding period of previous year.
Electricity
10. Electricity generation (weight: 19.85per cent) increasedby11.0per centin February, 2020over February,2019. Its cumulative indexincreased by1.8per cent duringApril to February, 2019-20over the corresponding period of previous year.
Note 1: Data for December, 2019, January, 2020 andFebruary, 2020are 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.
Note5: Release of the index for March, 2020 will be on Thursday, 30th April, 2020.
Annexure
Performance of Eight Core Industries
Yearly Index & Growth Rate
Base Year: 2011-12=100
Index
|
Sector
|
Weight
|
2013-14
|
2014-15
|
2015-16
|
2016-17
|
2017-18
|
2018-19
|
Apr-Feb 2018-19
|
Apr-Feb2019-20
|
|
Coal
|
10.3335
|
104.2
|
112.6
|
118.0
|
121.8
|
124.9
|
134.1
|
127.9
|
126.4
|
|
Crude Oil
|
8.9833
|
99.2
|
98.4
|
97.0
|
94.5
|
93.7
|
89.8
|
89.8
|
84.4
|
|
Natural Gas
|
6.8768
|
74.5
|
70.5
|
67.2
|
66.5
|
68.4
|
69.0
|
68.8
|
65.6
|
|
Refinery Products
|
28.0376
|
108.6
|
108.8
|
114.1
|
119.7
|
125.2
|
129.1
|
128.5
|
128.9
|
|
Fertilizers
|
2.6276
|
98.1
|
99.4
|
106.4
|
106.6
|
106.6
|
107.0
|
106.6
|
110.9
|
|
Steel
|
17.9166
|
115.8
|
121.7
|
120.2
|
133.1
|
140.5
|
147.7
|
145.6
|
152.9
|
|
Cement
|
5.3720
|
111.5
|
118.1
|
123.5
|
122.0
|
129.7
|
147.0
|
144.6
|
147.3
|
|
Electricity
|
19.8530
|
110.3
|
126.6
|
133.8
|
141.6
|
149.2
|
156.9
|
156.6
|
159.3
|
|
Overall Index
|
100.0000
|
106.5
|
111.7
|
115.1
|
120.5
|
125.7
|
131.2
|
129.8
|
131.1
|
Growth Rates(in per cent)
|
Sector
|
Weight
|
2013-
14
|
2014-
15
|
2015-
16
|
2016-
17
|
2017-
18
|
2018-
19
|
Apr-Feb 2018-19
|
Apr-Feb 2019-20
|
|
Coal
|
10.3335
|
1.0
|
8.0
|
4.8
|
3.2
|
2.6
|
7.4
|
7.1
|
-1.2
|
|
Crude Oil
|
8.9833
|
-0.2
|
-0.9
|
-1.4
|
-2.5
|
-0.9
|
-4.1
|
-4.0
|
-6.0
|
|
Natural Gas
|
6.8768
|
-12.9
|
-5.3
|
-4.7
|
-1.0
|
2.9
|
0.8
|
0.8
|
-4.8
|
|
Refinery Products
|
28.0376
|
1.4
|
0.2
|
4.9
|
4.9
|
4.6
|
3.1
|
3.0
|
0.3
|
|
Fertilizers
|
2.6276
|
1.5
|
1.3
|
7.0
|
0.2
|
0.03
|
0.3
|
-0.02
|
4.1
|
|
Steel
|
17.9166
|
7.3
|
5.1
|
-1.3
|
10.7
|
5.6
|
5.1
|
4.5
|
5.0
|
|
Cement
|
5.3720
|
3.7
|
5.9
|
4.6
|
-1.2
|
6.3
|
13.3
|
13.0
|
1.8
|
|
Electricity
|
19.8530
|
6.1
|
14.8
|
5.7
|
5.8
|
5.3
|
5.2
|
5.4
|
1.8
|
|
Overall Growth
|
100.0000
|
2.6
|
4.9
|
3.0
|
4.8
|
4.3
|
4.4
|
4.2
|
1.0
|
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
|
100.0000
|
|
Feb-19
|
153.8
|
80.8
|
64.4
|
120.0
|
104.8
|
148.6
|
149.1
|
137.7
|
125.9
|
|
Mar-19
|
201.7
|
89.9
|
70.7
|
135.9
|
111.5
|
170.7
|
173.2
|
160.1
|
146.5
|
|
Apr-19
|
122.6
|
85.6
|
66.6
|
124.3
|
89.0
|
156.4
|
152.5
|
162.8
|
130.7
|
|
May-19
|
127.3
|
88.2
|
68.7
|
129.6
|
105.5
|
161.8
|
149.3
|
176.8
|
137.0
|
|
Jun-19
|
123.5
|
84.7
|
66.0
|
121.4
|
110.0
|
159.3
|
147.9
|
173.6
|
132.8
|
|
Jul-19
|
106.4
|
87.2
|
68.1
|
132.9
|
111.7
|
151.7
|
146.5
|
170.5
|
132.6
|
|
Aug-19
|
94.8
|
86.6
|
67.4
|
131.0
|
112.6
|
150.0
|
127.7
|
165.7
|
128.5
|
|
Sep-19
|
87.3
|
83.4
|
64.3
|
117.5
|
113.9
|
141.2
|
131.3
|
158.7
|
120.7
|
|
Oct-19
|
109.6
|
86.3
|
66.3
|
134.2
|
115.5
|
149.5
|
137.0
|
145.8
|
127.4
|
|
Nov-19
|
133.6
|
82.4
|
64.4
|
133.0
|
116.7
|
154.9
|
142.4
|
139.9
|
129.2
|
|
Dec-19
|
152.8
|
83.5
|
65.6
|
130.5
|
120.5
|
158.5
|
159.2
|
150.2
|
134.3
|
|
Jan-20
|
163.1
|
85.0
|
65.3
|
134.4
|
116.5
|
150.9
|
164.1
|
155.6
|
136.4
|
|
Feb-20
|
169.6
|
75.6
|
58.3
|
128.9
|
107.8
|
147.9
|
161.9
|
152.9
|
132.9
|
Growth Rates (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
|
100.0000
|
|
Feb-19
|
7.4
|
-6.1
|
3.8
|
-0.8
|
2.5
|
4.9
|
8.0
|
1.2
|
2.2
|
|
Mar-19
|
9.1
|
-6.2
|
1.4
|
4.3
|
4.3
|
11.5
|
15.7
|
2.1
|
5.8
|
|
Apr-19
|
3.2
|
-6.7
|
-0.8
|
4.3
|
-4.4
|
13.3
|
2.3
|
5.9
|
5.2
|
|
May-19
|
1.7
|
-6.9
|
-0.1
|
-1.5
|
-1.0
|
13.3
|
2.8
|
7.4
|
3.8
|
|
Jun-19
|
2.9
|
-6.8
|
-2.1
|
-9.3
|
1.5
|
10.8
|
-1.9
|
8.6
|
1.2
|
|
Jul-19
|
-1.6
|
-4.4
|
-0.5
|
-0.9
|
1.5
|
8.1
|
7.7
|
5.2
|
2.6
|
|
Aug-19
|
-8.6
|
-5.4
|
-3.9
|
2.6
|
2.9
|
3.8
|
-5.1
|
-0.9
|
-0.2
|
|
Sep-19
|
-20.5
|
-5.4
|
-4.9
|
-6.6
|
5.4
|
-1.4
|
-2.0
|
-2.6
|
-5.1
|
|
Oct-19
|
-17.6
|
-5.1
|
-5.6
|
0.4
|
11.8
|
-0.5
|
-7.7
|
-12.2
|
-5.5
|
|
Nov-19
|
-3.5
|
-6.0
|
-6.4
|
3.1
|
13.6
|
7.0
|
4.3
|
-4.9
|
0.7
|
|
Dec-19
|
6.1
|
-7.4
|
-9.2
|
3.0
|
10.2
|
4.3
|
5.5
|
-0.1
|
2.1
|
|
Jan-20
|
6.9
|
-5.3
|
-9.0
|
1.9
|
-0.1
|
-1.4
|
5.1
|
3.2
|
1.4
|
|
Feb-20
|
10.3
|
-6.4
|
-9.6
|
7.4
|
2.9
|
-0.4
|
8.6
|
11.0
|
5.5
|
*****
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