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Index of 8 core industries in India slips in October

The summarized Index of Eight Core Industries with 2004-05 base is given below;

The Index of Eight core industries having a combined weight of 37.90 per cent in the Index of Industrial Production (IIP) stood at 140.54 in October 2011 with a growth rate of 0.1% compared to its growth at 7.2% in October 2010.

During April-October 2011-12, the cumulative growth rate of the Core industries was 4.3% as against their growth at 5.9% during the corresponding period in 2010-11.

Coal: Coal production (weight: 4.38%) registered a growth of (-) 9.0% in October 2011 compared to its growth at 0.7% in October 2010. Coal production grew by (-) 5.5% during April-October 2011-12 compared to its growth at 0.3% during the same period of 2010-11.

Crude Oil: Crude Oil production (weight: 5.22%) registered a growth of (-) 0.9 % in October 2011 compared to its growth at 13.7% in October 2010. Crude Oil production registered a growth of 4.4% during April-October 2011-12 compared to its growth at 10.7% during the same period of 2010-11.

Natural Gas: Natural Gas production (weight: 1.71%) registered a growth of (-) 7.4% in October 2011 compared to its growth at 6.5% in October 2010. Natural Gas production registered a growth of (-) 8.3% during April-October 2011-12 compared to its growth at 22.2% during the same period of 2010-11.

Petroleum Refinery Products (0.93% of Crude Throughput)*: Petroleum refinery production (weight: 5.94%) had a growth of (-) 2.8% in October 2011 compared to its growth at (-) 4.8% in October 2010. Petroleum refinery production registered a growth of 3.6% during April-October 2011-12 compared to its 1.4% growth during the same period of 2010-11.

Fertilizers: Fertilizer production (weight: 1.25%) registered a growth of (-) 2.1% in October 2011 against its growth at (-) 0.2% in October 2010.Fertilizer production grew by 0.2% during April-October 2011-12 compared to its growth at (-) 2.0% during the same period of 2010-11.

Steel (Alloy + Non-Alloy): Steel production (weight: 6.68%) had a growth rate of 3.8% in October 2011 against its 13.4% growth in October 2010. Steel production grew by 8.7% during April-October 2011-12 compared to its growth at 8.3% during the same period of 2010-11.

Cement: Cement production (weight: 2.41%) registered a growth of 0.0% in October 2011 against its 18.5% growth in October 2010. Cement Production grew by 2.8% during April-October 2011-12 compared to its growth at 6.6% during the same period of 2010-11.

Electricity: Electricity generation (weight: 10.32%) had a 4.9% growth in October 2011 compared to its 8.5% growth in October 2010. Electricity generation grew by 8.6% during April-October 2011-12 as against its 4.8% growth during the same period of 2010-11.