core sector communique

Index of Eight Core Industries (Base: 2004-05=100) , August 2011

The summarized Index of Eight Core Industries with 2004-05 base is given at the Annexure.

The Index of Eight core industries having a combined weight of 37.90 per cent in the Index of Industrial Production (IIP) stood at 138.45 in August 2011 with a growth rate of 3.5% compared to their growth at 4.4% in August 2010. During April-August 2011-12, the cumulative growth rate of the eight core industries was 5.3% as against their growth at 6.1% during the corresponding period in 2010-11.

Coal

Coal production (weight: 4.38%) had a negative growth of (-) 15.3% in August 2011 compared to its growth at 1.0% in August 2010. During April-August 2011-12 also coal production had a negative growth rate of (-) 2.4% compared to its growth at 0.6% during the same period in 2010-11.

Crude Oil

Crude Oil production (weight: 5.22%) registered a growth of 1.6 % in August 2011 compared to its growth at 15.2% in August 2010. The cumulative growth of Crude Oil production during April-August 2011-12 on the other hand was 6.1% compared to its growth rate 9.8% during the same period in 2010-11.

Natural Gas

Natural Gas production (weight: 1.71%) had a growth of (-) 5.3% in August 2011 compared to its growth at 11.9% in August 2010. The cumulative growth rate of Natural Gas production during April-August 2011-12 was (-) 8.9% compared to its growth at 27.8% during the same period in 2010-11.



Petroleum Refinery Products

Petroleum refinery production (weight: 5.94%) registered a growth of 3.9% in August 2011 against its growth at (-) 2.3% in August 2010. During April-August 2011-12 the cumulative growth of Petroleum refinery production was 4.7% against its growth at 5.3% during the same period in 2010-11.

Fertilizers

Fertilizer production (weight: 1.25%) registered a growth of 4.3% in August 2011 compared to its negative growth at (-) 5.7% in August 2010. The cumulative growth of Fertilizer production during April-August 2011-12 was 1.2% against its growth at (-) 2.8% during the same period in 2010-11.

Steel (Alloy + Non-Alloy)

Steel production (weight: 6.68%) registered a growth of 7.7% in August 2011 compared to its growth at 10.8% in August 2010. Steel production grew by 9.3% during April-August 2011-12 compared to its growth at 6.6% during the same period in 2010-11.

Cement

Cement production (weight: 2.41%) had a growth rate of 7.2% in August 2011 compared to its growth at 1.6% in August 2010. During April-August 2011-12 the cumulative growth of Cement Production was 2.8% compared to its growth at 4.6% during the same period in 2010-11.

Electricity

Electricity generation (weight: 10.32%) had a growth rate of 8.9% in August 2011 compared to its growth at 1.6% in August 2010. The cumulative growth of Electricity generation during April-August 2011-12 was 9.3% compared to its 4.5% growth during the same period in 2010-11.

N.B: Data are provisional. Revision has been made based on revised data obtained.