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Ministry of Commerce & Industry - GenXSentinel
Ministry of Commerce & Industry - GenXSentinel

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 stands at 123.9 in November, 2017, which was 6.8 per cent higher as compared to the index of November, 2016. Its cumulative growth during April to November, 2017-18 was 3.9 per cent.


Coal

Coal production (weight: 10.33 per cent) declined by 0.2 per cent in November, 2017 over November, 2016. Its cumulative index increased by 1.5 per cent during April to November, 2017-18 over corresponding period of the previous year.


Crude Oil

Crude Oil production (weight: 8.98 per cent) increased by 0.2 per cent in November, 2017 over November, 2016. Its cumulative index declined by 0.2 per cent during April to November, 2017-18 over the corresponding period of previous year.


Natural Gas

The Natural Gas production (weight: 6.88 per cent) increased by 2.4 per cent in November, 2017 over November, 2016. Its cumulative index increased by 4.4 per cent during April to November, 2017-18 over the corresponding period of previous year.


Refinery Products

Petroleum Refinery production (weight: 28.04 per cent) increased by 8.2 per cent in November, 2017 over November, 2016. Its cumulative index increased by 3.6 per cent during April to November, 2017-18 over the corresponding period of previous year.


Fertilizers

Fertilizer production (weight: 2.63 per cent) increased by 0.3 per cent in November, 2017 over November, 2016. Its cumulative index declined by 1.1 per cent during April to November, 2017-18 over the corresponding period of previous year.


Steel

Steel production (weight: 17.92 per cent) increased by 16.6 per cent in November, 2017 over November, 2016. Its cumulative index increased by 7.2 per cent during April to November, 2017-18 over the corresponding period of previous year.


Cement

Cement production (weight: 5.37 per cent) increased by 17.3 per cent in November, 2017 over November, 2016. Its cumulative index increased by 0.6 per cent during April to November, 2017-18 over the corresponding period of previous year.


Electricity

Electricity generation (weight: 19.85 per cent) increased by 1.9 per cent in November, 2017 over November, 2016. Its cumulative index increased by 4.9 per cent during April to November, 2017-18 over the corresponding period of previous year.


Note 1: Data for September, 2017, October, 2017and November, 2017 are 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: Release of the index for December, 2017 will be on Wednesday, 31st January, 2018.

 

Performance of Eight Core Industries

Yearly Index & Growth Rate | Base Year: 2011-12=100

Index

Sector Weight 2012-13 2013-14 2014-15 2015-16 2016-17 Apr-Nov 2016-17 Apr-Nov 2017-18
Coal 10.3335 103.2 104.2 112.6 118.0 121.8 108.0 109.6
Crude Oil 8.9833 99.4 99.2 98.4 97.0 94.5 94.5 94.3
Natural Gas 6.8768 85.6 74.5 70.5 67.2 66.5 66.1 69.1
Refinery Products 28.0376 107.2 108.6 108.8 114.1 119.7 118.6 122.8
Fertilizers 2.6276 96.7 98.1 99.4 106.4 106.6 107.8 106.6
Steel 17.9166 107.9 115.8 121.7 120.2 133.1 129.5 138.8
Cement 5.3720 107.5 111.5 118.1 123.5 122.0 123.4 124.2
Electricity 19.8530 104.0 110.3 126.6 133.8 141.6 143.1 150.1
Overall Index 100.0000 103.8 106.5 111.7 115.1 120.5 118.5 123.1

Growth Rates (in per cent)

Sector Weight 2012-13 2013-14 2014-15 2015-16 2016-17 Apr-Nov 2016-17 Apr-Nov 2017-18
Coal 10.3335 3.2 1.0 8.0 4.8 3.2 1.2 1.5
Crude Oil 8.9833 -0.6 -0.2 -0.9 -1.4 -2.5 -3.5 -0.2
Natural Gas 6.8768 -14.4 -12.9 -5.3 -4.7 -1.0 -3.6 4.4
Refinery Products 28.0376 7.2 1.4 0.2 4.9 4.9 6.9 3.6
Fertilizers 2.6276 -3.3 1.5 1.3 7.0 0.2 1.7 -1.1
Steel 17.9166 7.9 7.3 5.1 -1.3 10.7 10.2 7.2
Cement 5.3720 7.5 3.7 5.9 4.6 -1.2 4.4 0.6
Electricity 19.8530 4.0 6.1 14.8 5.7 5.8 6.4 4.9
Overall Index 100.0000 3.8 2.6 4.9 3.0 4.8 5.3 3.9

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
Nov-16 132.5 90.6 66.9 116.5 111.5 120.1 107.3 134.9 116.1
Dec-16 142.0 96.2 68.4 124.9 108.8 137.5 115.0 137.8 124.1
Jan-17 144.1 96.9 68.4 122.0 107.2 142.6 117.6 138.9 124.8
Feb-17 141.4 88.1 63.2 112.1 97.2 134.9 112.2 130.2 116.9
Mar-17 169.5 97.4 69.1 128.9 103.6 146.2 131.8 147.9 132.5
Apr-17 103.1 92.6 63.5 116.0 89.0 134.1 122.3 150.6 118.7
May-17 111.8 97.6 69.7 125.4 98.3 142.9 128.6 158.1 126.8
Jun-17 107.6 94.1 69.3 119.4 107.3 138.0 132.0 147.4 121.7
Jul-17 98.5 96.4 72.2 119.4 108.6 131.3 122.4 151.9 120.4
Aug-17 101.3 95.1 69.5 121.6 115.4 139.0 117.3 155.4 123.0
Sep-17 103.1 92.0 68.8 122.7 105.3 138.7 119.8 150.5 122.0
Oct-17 119.4 95.7 71.0 132.1 116.8 146.5 125.2 149.8 128.6
Nov-17 132.2 90.8 68.5 126.0 111.8 140.1 125.9 137.4 123.9

 

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
Nov-16 6.1 -5.4 -2.1 -0.7 4.2 5.4 0.5 9.5 3.2
Dec-16 3.6 -0.8 -0.4 5.4 -2.9 15.9 -8.7 6.4 5.6
Jan-17 3.5 1.3 11.6 0.0 -1.2 11.3 -13.3 5.2 3.4
Feb-17 6.6 -3.4 -2.1 -2.8 -4.0 8.7 -15.8 1.2 0.6
Mar-17 10.6 0.9 9.6 2.0 -3.0 11.0 -6.8 6.2 5.2
Apr-17 -3.3 -0.6 2.0 0.2 6.2 9.0 -5.2 5.3 2.6
May-17 -3.2 0.7 4.5 5.4 -5.9 3.8 -1.4 8.2 3.9
Jun-17 -6.7 0.6 6.4 -0.2 -2.7 6.0 -3.3 2.2 1.0
Jul-17 0.6 -0.5 6.6 -2.7 0.2 9.4 1.0 6.6 2.9
Aug-17 15.4 -1.6 4.2 2.4 -0.6 2.2 0.7 8.3 4.4
Sep-17 10.4 0.1 6.3 8.1 -7.7 3.7 0.1 3.4 4.7
Oct-17 3.9 -0.4 2.8 7.5 3.0 8.4 -1.3 3.2 5.0
Nov-17 -0.2 0.2 2.4 8.2 0.3 16.6 17.3 1.9 6.8

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