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Government of India
Ministry of Commerce & Industry
31-August-2016 17:09 IST
Index of Eight Core Industries (Base: 2004-05=100) For July, 2016

            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 173.7 in July, 2016, which was 3.2 % higher compared to the index of July, 2015. Its cumulative growth during April to July, 2016-17 was 4.9 %.

Coal

            Coal production (weight: 4.38 %) increased by 5.1 % in July, 2016 over July, 2015. Its cumulative index during April to July, 2016-17 increased by 5.3% over corresponding period of previous year.

Crude Oil

            Crude Oil production (weight: 5.22 %) decreased by 1.8 % in July, 2016 over July, 2015. Its cumulative index during April to July, 2016-17 decreased by 2.9 % over the corresponding period of previous year.

Natural Gas

            The Natural Gas production (weight: 1.71 %) increased by 3.3 % in July, 2016 over July, 2015. Its cumulative index during April to July, 2016-17 declined by 3.8 % over the corresponding period of previous year.

Refinery Products (93% of Crude Throughput)

            Petroleum Refinery production (weight: 5.94%) increased by 13.7 % in July, 2016 over July, 2015. Its cumulative index during April to July, 2016-17 increased by 8.7 % over the corresponding period of previous year.

 

Fertilizers

            Fertilizer production (weight: 1.25%) increased by 2.5 % in July, 2016 over July, 2015. Its cumulative index during April to July, 2016-17 increased by 8.6 % over the corresponding period of previous year.

Steel (Alloy + Non-Alloy)

            Steel production (weight: 6.68%) decreased by 0.5 % in July, 2016 over July, 2015. Its cumulative index during April to July, 2016-17 increased by 2.8 % over the corresponding period of previous year.

Cement

            Cement production (weight: 2.41%) increased by 1.4 % in July, 2016 over July, 2015. Its cumulative index during April to July, 2016-17 increased by 4.6 % over the corresponding period of previous year.

Electricity

            Electricity generation (weight: 10.32%) increased by 1.6 % in July, 2016 over July, 2015. Its cumulative index during April to July, 2016-17 increased by 7.1 % 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 July, 2015 have been revised.

Note 2: Release of the index for August, 2016 will be on Friday, 30th September, 2016.


Annexure

Performance of Eight Core Industries

Yearly Index & Growth Rate

Base Year: 2004-05=100

 

 

 

INDEX

Sector

Weight

2011-12

2012-13

2013-14

2014-15

2015-16

Apr-Jul 2015-16

Apr-Jul 2016-17

Coal

4.379

141.5

148.1

150.0

162.2

169.6

148.4

156.3

Crude Oil

5.216

112.1

111.4

111.2

110.2

108.7

109.9

106.6

Natural Gas

1.708

149.7

128.1

111.5

106.0

101.5

102.6

98.7

Refinery Products

5.939

133.7

172.5

175.0

175.6

182.3

176.9

192.3

Fertilizers

1.254

103.8

100.2

101.8

101.7

113.2

101.4

110.2

Steel

6.684

174.0

181.1

201.9

211.4

208.4

214.7

220.6

Cement

2.406

175.2

188.7

194.5

205.3

215.0

215.7

225.7

Electricity

10.316

149.3

155.3

164.6

178.5

188.1

186.5

199.7

Overall Index

37.903

145.3

154.7

161.2

168.5

173.0

170.3

178.6

 

 

 

GROWTH RATES (in %)

Sector

Weight

2011-12

2012-13

2013-14

2014-15

2015-16

Apr-Jul 2015-16

Apr-Jul 2016-17

Coal

4.379

1.3

4.6

1.3

8.1

4.5

5.3

5.3

Crude Oil

5.216

1.0

-0.6

-0.2

-0.9

-1.4

-0.7

-2.9

Natural Gas

1.708

-8.9

-14.5

-13.0

-4.9

-4.2

-4.3

-3.8

Refinery Products#

5.939

3.1

29.0

1.5

0.3

3.8

3.9

8.7

Fertilizers

1.254

0.4

-3.4

1.5

-0.1

11.3

4.1

8.6

Steel

6.684

10.3

4.1

11.5

4.7

-1.5

1.2

2.8

Cement

2.406

6.7

7.7

3.1

5.6

4.7

1.4

4.6

Electricity

10.316

8.1

4.0

6.0

8.4

5.4

2.6

7.1

Overall Index

37.903

5.0

6.5

4.2

4.5

2.7

2.2

4.9

 

#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

Jul-15

134.1

110.7

99.0

176.2

111.3

208.7

209.9

190.3

168.4

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

Apr-16

154.9

104.4

94.0

190.3

94.2

212.3

225.2

203.1

176.4

May-16

164.8

108.7

100.3

188.3

116.9

237.6

227.0

203.9

183.7

Jun-16

164.6

104.8

98.2

190.4

115.6

225.0

237.7

198.6

180.4

Jul-16

140.9

108.7

102.2

200.3

114.1

207.6

212.8

193.2

173.7

 

 

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

Jul-15

-0.1

-0.4

-4.4

2.9

8.6

-1.4

1.4

3.5

1.3

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

Apr-16

-0.9

-2.3

-6.8

17.9

7.8

6.1

4.4

14.7

8.5

May-16

5.5

-3.3

-6.9

1.2

14.8

3.2

2.4

4.6

2.8

Jun-16

12.0

-4.3

-4.5

3.5

9.8

2.4

10.3

8.1

5.2

Jul-16

5.1

-1.8

3.3

13.7

2.5

-0.5

1.4

1.6

3.2

 

 

****

MJPS