Index of Eight Core Industries (Base: 2004-05=100) March, 2016

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Press Information Bureau
Government of India
Ministry of Commerce & Industry
02-May-2016 17:03 IST

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 188.0 in March, 2016, which was 6.4 % higher compared to the index of March, 2015. Its cumulative growth during April to March, 2015-16 was 2.7 %.

Coal

3. Coal production (weight: 4.38 %) increased by 1.7 % in March, 2016 over March, 2015. Its cumulative index during April to March, 2015-16 increased by 4.6 % over corresponding period of previous year.

Crude Oil

4. Crude Oil production (weight: 5.22 %) decreased by 5.1 % in March, 2016 over March, 2015. Its cumulative index during April to March, 2015-16 decreased by 1.4 % over the corresponding period of previous year.

Natural Gas

5. The Natural Gas production (weight: 1.71 %) decreased by 10.5 % in March, 2016 over March, 2015. Its cumulative index during April to March, 2015-16 declined by 4.2 % over the corresponding period of previous year.

Refinery Products (93% of Crude Throughput)

6. Petroleum Refinery production (weight: 5.94%) increased by 10.8 % in March, 2016 over March, 2015. Its cumulative index during April to March, 2015-16 increased by 3.8 % over the corresponding period of previous year.

Fertilizers

7. Fertilizer production (weight: 1.25%) increased by 22.9 % in March, 2016 over March, 2015. Its cumulative index during April to March, 2015-16 increased by 11.3 % over the corresponding period of previous year.

Steel (Alloy + Non-Alloy)

8. Steel production (weight: 6.68%) increased by 3.4 % in March, 2016 over March, 2015. Its cumulative index during April to March, 2015-16 declined by 1.4 % over the corresponding period of previous year.

Cement

9. Cement production (weight: 2.41%) increased by 11.9 % in March, 2016 over March, 2015. Its cumulative index during April to March, 2015-16 increased by 4.6 % over the corresponding period of previous year.

Electricity

10. Electricity generation (weight: 10.32%) increased by 11.3 % in March, 2016 over March, 2015. Its cumulative index during April to March, 2015-16 increased by 5.2 % 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, 2015 have been revised.

Note 2: Release of the index for April, 2016 will be on Tuesday, 31^st 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-Mar 2014-15	Apr-Mar 2015-16
Coal	4.379	139.7	141.5	148.1	150.0	162.2	162.2	169.7
Crude Oil	5.216	111.0	112.1	111.4	111.2	110.2	110.2	108.7
Natural Gas	1.708	164.4	149.7	128.1	111.5	106.0	106.0	101.5
Refinery Products	5.939	129.7	133.7	172.5	175.0	175.6	175.6	182.3
Fertilizers	1.254	103.4	103.8	100.2	101.8	101.7	101.7	113.2
Steel	6.684	157.7	174.0	181.1	201.9	211.4	211.4	208.5
Cement	2.406	164.2	175.2	188.7	194.5	205.3	205.3	214.7
Electricity	10.316	138.1	149.3	155.3	164.6	178.5	178.5	187.8
Overall Index	37.903	138.4	145.3	154.7	161.2	168.5	168.5	173.0

GROWTH RATES (in %)

Sector	Weight	2010-11	2011-12	2012-13	2013-14	2014-15	Apr-Mar 2014-15	Apr-Mar 2015-16
Coal	4.379	-0.2	1.3	4.6	1.3	8.1	8.1	4.6
Crude Oil	5.216	11.9	1.0	-0.6	-0.2	-0.9	-0.9	-1.4
Natural Gas	1.708	10.0	-8.9	-14.5	-13.0	-4.9	-4.9	-4.2
Refinery Products^#	5.939	3.0	3.1	29.0	1.5	0.3	0.3	3.8
Fertilizers	1.254	0.0	0.4	-3.4	1.5	-0.1	-0.1	11.3
Steel	6.684	13.2	10.3	4.1	11.5	4.7	4.7	-1.4
Cement	2.406	4.5	6.7	7.7	3.1	5.6	5.6	4.6
Electricity	10.316	5.6	8.1	4.0	6.0	8.4	8.4	5.2
Overall Index	37.903	6.6	5.0	6.5	4.2	4.5	4.5	2.7

^#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-15	217.4	113.9	107.2	182.2	96.9	212.5	218.6	176.4	176.7
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
Mar-16	221.1	108.1	96.0	201.9	119.1	219.7	244.6	196.3	188.0

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-15	4.5	1.7	-1.5	-1.5	5.2	-6.5	-3.7	2.0	-0.7
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
Mar-16	1.7	-5.1	-10.5	10.8	22.9	3.4	11.9	11.3	6.4

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