Thursday, March 29, 2012


Index of Eight Core Industries (Base: 2004-05=100), February 2012




The   Eight core industries have a combined weight of 37.90 per cent in the Index of Industrial Production (IIP).  The combined Index was 145.6 in February 2012 with a growth rate of 6.8% compared to their 6.4% Growth in February 2011.  During April-February 2011-12, the cumulative growth rate of the Core industries was 4.4 % as against their growth at 5.8% during the corresponding period in 2010-11.

Coal

Coal production (weight: 4.38%) registered a growth of 17.8% in February 2012 compared to its growth at (-) 5.8% in February 2011. However, in cumulative terms Coal production had a growth of 0.4% during April-February 2011-12 compared to its growth at (-) 0.1% during the same period of 2010-11.  

Crude Oil

Crude Oil production (weight: 5.22%) registered a growth of 0.4% in February 2012 compared to its growth at 12.2% in February 2011. Cumulatively Crude Oil production registered a growth of 1.4% during April-February 2011-12 compared to its growth at 11.9% during the same period of 2010-11. 

Natural Gas

Natural Gas production (weight: 1.71%) registered a growth of (-) 7.6% in February 2012 compared to its growth at (-) 7.3% in February 2011. Natural Gas production registered a cumulative growth of (-) 8.8% during April-February 2011-12 compared to its growth at 12.3% 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 6.2% in February 2012 compared to its growth at 3.2% in February 2011.  In cumulative terms Petroleum refinery production registered a growth of 3.4% during April-February 2011-12 compared to its 2.5% growth during the same period of 2010-11.

Fertilizers

Fertilizer production (weight: 1.25%) registered a growth of 4.1% in February 2012 against its growth at 4.8% in February 2011. Cumulatively Fertilizer production had a growth of 0.3% during April-February 2011-12 corresponding to (-) 0.3% growth during the same period of 2010-11.

 Steel (Alloy + Non-Alloy) 

Steel production (weight: 6.68%) had a growth rate of 4.3% in February 2012 against its 18.5% growth in February 2011. Cumulatively Steel production had a 6.8% growth during April-February 2011-12 compared to its   9.2% growth during the same period of 2010-11.

Cement

Cement production (weight: 2.41%) registered a growth of 10.8% in February 2012 against its 6.5% growth in February 2011. The cumulative growth of Cement Production was 6.4% during April-February 2011-12 compared to its   4.3% growth during the same period of 2010-11.

Electricity

Electricity generation (weight: 10.32%) had a 8.0% growth in February 2012 compared to its 7.2% growth in February 2011. Electricity generation on the other hand had a cumulative growth of 8.6% during April-February 2011-12 as against its 5.4% growth during the same period of 2010-11.

* RPL (SEZ) with refining capacity 29MMT was commissioned on 25.12.2008 but crude throughput not reported by the refinery and not included in production for entire period.

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

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