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Source: Government of India

1.       The summary of the Index of Eight Core Industries (base: 2011-12) is given at the Annexure.

2.       The Eight Core Industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP). The combined Index of Eight Core Industries stood at 137.0 in March, 2020, which declinedby 6.5per centas compared to the index of March,2019. Its cumulative growth during April to March, 2019-20was 0.6per cent.

Coal

3.       Coal production (weight: 10.33per cent)increasedby 4.0 per cent in March, 2020 over March,2019. Its cumulative index declinedby 0.5per centduring April toMarch, 2019-20over corresponding period of the previous year.

Crude Oil

4.       Crude Oil production (weight: 8.98per cent) declinedby 5.5 per cent inMarch, 2020 over March,2019. Its cumulative index declined by 5.9 per centduring April toMarch, 2019-20over the corresponding period of previous year.

Natural Gas

5.       The Natural Gas production (weight: 6.88per cent) declinedby15.2 per cent in March, 2020 over March,2019. Its cumulative index declined by 5.7 per centduring April toMarch, 2019-20 over the corresponding period of previous year.

Refinery Products

6.       Petroleum Refinery production (weight: 28.04per cent)declinedby0.5 per cent inMarch, 2020 overMarch,2019. Its cumulative index increasedby 0.2per centduring April to March, 2019-20over the corresponding period of previous year.

Fertilizers

7.       Fertilizers production (weight: 2.63 per cent) declined by 11.9 per cent in March, 2020 overMarch,2019. Its cumulative index increasedby 2.7 per cent during April toMarch, 2019-20 over the corresponding period of previous year.

Steel

8.       Steel production (weight: 17.92per cent)declinedby 13.0 per cent inMarch, 2020 over March,2019. Its cumulative index increased by 4.2per centduring April to March, 2019-20 over the corresponding period of previous year.

Cement

9.       Cement production (weight: 5.37per cent) declinedby24.7per cent inMarch, 2020overMarch,2019. Its cumulative index declinedby0.8per centduring April to March, 2019-20over the corresponding period of previous year.

Electricity

10.     Electricity generation (weight: 19.85per cent) declinedby7.2per centin March, 2020over March,2019. Its cumulative indexincreased by1.0per cent duringApril to March, 2019-20over the corresponding period of previous year.

Note 1: Data for January, 2020, February, 2020andMarch, 2020are provisional.

Note 2: Since April, 2014, Electricity generation data from Renewable sources are also included.

Note 3: The industry-wise weights indicated above are individual industry weight derived from IIP and blown up on pro rata basis to a combined weight of ICI equal to 100.

Note 4: Since March 2019, a new steel product called Hot Rolled Pickled and Oiled (HRPO) under the item ‘Cold Rolled (CR) coils’ within the production of finished steel has also been included.

Note5: Release of the index for April, 2020 will be on Friday,29th May, 2020.

Annexure

Performance of Eight Core Industries

Yearly Index & Growth Rate

Base Year: 2011-12=100

 

Index

Sector

Weight

2013-14

2014-15

2015-16

2016-17

2017-18

2018-19

2019-20

Coal

10.3335

104.2

112.6

118.0

121.8

124.9

134.1

133.5

Crude Oil

8.9833

99.2

98.4

97.0

94.5

93.7

89.8

84.5

Natural Gas

6.8768

74.5

70.5

67.2

66.5

68.4

69.0

65.1

Refinery Products

28.0376

108.6

108.8

114.1

119.7

125.2

129.1

129.4

Fertilizers

2.6276

98.1

99.4

106.4

106.6

106.6

107.0

109.8

Steel

17.9166

115.8

121.7

120.2

133.1

140.5

147.7

153.9

Cement

5.3720

111.5

118.1

123.5

122.0

129.7

147.0

145.7

Electricity

19.8530

110.3

126.6

133.8

141.6

149.2

156.9

158.5

Overall Index

100.0000

106.5

111.7

115.1

120.5

125.7

131.2

131.9

 

Growth Rates(in per cent)

Sector

Weight

2013-14

2014-15

2015-16

2016-17

2017-18

2018-19

2019-20

Coal

10.3335

1.0

8.0

4.8

3.2

2.6

7.4

-0.5

Crude Oil

8.9833

-0.2

-0.9

-1.4

-2.5

-0.9

-4.1

-5.9

Natural Gas

6.8768

-12.9

-5.3

-4.7

-1.0

2.9

0.8

-5.7

Refinery Products

28.0376

1.4

0.2

4.9

4.9

4.6

3.1

0.2

Fertilizers

2.6276

1.5

1.3

7.0

0.2

0.03

0.3

2.7

Steel

17.9166

7.3

5.1

-1.3

10.7

5.6

5.1

4.2

Cement

5.3720

3.7

5.9

4.6

-1.2

6.3

13.3

-0.8

Electricity

19.8530

6.1

14.8

5.7

5.8

5.3

5.2

1.0

Overall Index

100.0000

2.6

4.9

3.0

4.8

4.3

4.4

0.6

 

Performance of Eight Core Industries

Monthly Index & Growth Rate

Base Year: 2011-12=100

Index

 

Sector

Coal

Crude Oil

Natural Gas

Refinery Products

Fertilizers

Steel

Cement

Electricity

Overall Index

Weight

10.3335

8.9833

6.8768

28.0376

2.6276

17.9166

5.3720

19.8530

100.0000

Mar-19

201.7

89.9

70.7

135.9

111.5

170.7

173.2

160.1

146.5

Apr-19

122.6

85.6

66.6

124.3

89.0

156.4

152.5

162.8

130.7

May-19

127.3

88.2

68.7

129.6

105.5

161.8

149.3

176.8

137.0

Jun-19

123.5

84.7

66.0

121.4

110.0

159.3

147.9

173.6

132.8

Jul-19

106.4

87.2

68.1

132.9

111.7

151.7

146.5

170.5

132.6

Aug-19

94.8

86.6

67.4

131.0

112.6

150.0

127.7

165.7

128.5

Sep-19

87.3

83.4

64.3

117.5

113.9

141.2

131.3

158.7

120.7

Oct-19

109.6

86.3

66.3

134.2

115.5

149.5

137.0

145.8

127.4

Nov-19

133.6

82.4

64.4

133.0

116.7

154.9

142.4

139.9

129.2

Dec-19

152.9

83.5

65.5

130.5

120.5

165.2

159.2

150.3

135.5

Jan-20

163.1

85.0

65.3

134.4

116.5

150.9

164.1

155.6

136.4

Feb-20

171.0

75.6

58.3

128.9

107.8

158.0

160.7

153.8

134.9

Mar-20

209.7

85.0

60.0

135.3

98.3

148.4

130.4

148.5

137.0

Growth Rates (in per cent)

Sector

Coal

Crude Oil

Natural Gas

Refinery Products

Fertilizers

Steel

Cement

Electricity

Overall Index

Weight

10.3335

8.9833

6.8768

28.0376

2.6276

17.9166

5.3720

19.8530

100.0000

Mar-19

9.1

-6.2

1.4

4.3

4.3

11.5

15.7

2.1

5.8

Apr-19

3.2

-6.7

-0.8

4.3

-4.4

13.3

2.3

5.9

5.2

May-19

1.7

-6.9

-0.1

-1.5

-1.0

13.3

2.8

7.4

3.8

Jun-19

2.9

-6.8

-2.1

-9.3

1.5

10.8

-1.9

8.6

1.2

Jul-19

-1.6

-4.4

-0.5

-0.9

1.5

8.1

7.7

5.2

2.6

Aug-19

-8.6

-5.4

-3.9

2.6

2.9

3.8

-5.1

-0.9

-0.2

Sep-19

-20.5

-5.4

-4.9

-6.6

5.4

-1.4

-2.0

-2.6

-5.1

Oct-19

-17.6

-5.1

-5.6

0.4

11.8

-0.5

-7.7

-12.2

-5.5

Nov-19

-3.5

-6.0

-6.4

3.1

13.6

7.0

4.3

-4.9

0.7

Dec-19

6.1

-7.4

-9.2

3.0

10.2

8.7

5.5

0.0

3.1

Jan-20

6.9

-5.3

-9.0

1.9

-0.1

-1.4

5.1

3.2

1.4

Feb-20

11.2

-6.4

-9.6

7.4

2.9

6.3

7.8

11.7

7.1

Mar-20

4.0

-5.5

-15.2

-0.5

-11.9

-13.0

-24.7

-7.2

-6.5

*****

YB

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