News and Events

Index of 8 core industries

Core industries grew 6.8% in November from the year ago period as output of steel, cement and power increased in spite of fears of an industrial slowdown while production of fuel and fertilizer declined.

The Index of Eight core industries having a combined weight of 37.90 per cent in the Index of Industrial Production (IIP) stood at 141.1 in November 2011 with a growth rate of 6.8% compared to its growth at 3.7% in November 2010. During April-November 2011-12, the cumulative growth rate of the Core industries was 4.6% as against their growth at 5.6% during the corresponding period in 2010-11.

Coal: Coal production (weight: 4.38%) registered a growth of 4.9% in November 2011 compared to its growth at 0.7% in November 2010. Coal production grew by (-) 4.0% during April-November 2011-12 compared to its growth at 0.4% during the same period of 2010-11.

Crude Oil: Crude Oil production (weight: 5.22%) registered a growth of (-) 5.6% in November 2011 compared to its growth at 17.0% in November 2010. Crude Oil production registered a growth of 2.9% during April-November 2011-12 compared to its growth at 11.5% during the same period of 2010-11.

Natural Gas: Natural Gas production (weight: 1.71%) registered a growth of (-) 10.1% in November 2011 compared to its growth at 5.5% in November 2010. Natural Gas production registered a growth of (-) 8.5% during April-November 2011-12 compared to its growth at 19.9% 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 11.2% in November 2011 compared to its growth at (-) 3.5% in November 2010. Petroleum refinery production registered a growth of 4.5% during April-November 2011-12 compared to its 0.8% growth during the same period of 2010-11.

Fertilizers: Fertilizer production (weight: 1.25%) registered a growth of (-) 2.4% in November 2011 against its growth at 0.0% in November 2010.Fertilizer production grew by (-)0.1% during April-November 2011-12 compared to its growth at (-) 1.7% during the same period of 2010-11.

Steel (Alloy + Non-Alloy) : Steel production (weight: 6.68%) had a growth rate of 5.1% in November 2011 against its 7.6% growth in November 2010. Steel production grew at a same rate of 8.2% during April-November 2010-11 and 2011-12.

Cement: Cement production (weight: 2.41%) registered a growth of 16.6% in November 2011 against its (-) 4.3% growth in November 2010. Cement Production grew by 4.3% during April-November 2011-12 compared to its growth at 5.3% during the same period of 2010-11.

Electricity: Electricity generation (weight: 10.32%) had a 14.1% growth in November 2011 compared to its 3.5% growth in November 2010. Electricity generation grew by 9.3% during April-November 2011-12 as against its 4.6% growth during the same period of 2010-11.