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India's Index Of Eight Core Industries (Base: 2011-12=100) January, 2018

Feb 28, 2018: 1. The summary of the Index of Eight Core Industries (base: 2011-12) is given at the Annexure. (Source: Ministry of Commerce & Industry)

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 stands at 133.1 in January, 2018, which was 6.7 per cent higher as compared to the index of January, 2017. Its cumulative growth during April to January, 2017-18 was 4.3 per cent.


Coal

3. Coal production (weight: 10.33 per cent) increased by 3.0 per cent in January, 2018 over January, 2017. Its cumulative index increased by 1.5 per cent during April to January, 2017-18 over corresponding period of the previous year.

Crude Oil

4. Crude Oil production (weight: 8.98 per cent) declined by 3.2 per cent in January, 2018 over January, 2017. Its cumulative index declined by 0.7 per cent during April to January, 2017-18 over the corresponding period of previous year.

Natural Gas

5. The Natural Gas production (weight: 6.88 per cent) declined by 1.0 per cent in January, 2018 over January, 2017. Its cumulative index increased by 3.5 per cent during April to January, 2017-18 over the corresponding period of previous year.

Refinery Products

6. Petroleum Refinery production (weight: 28.04 per cent) increased by 11.0 per cent in January, 2018 over January, 2017. Its cumulative index increased by 4.7 per cent during April to January, 2017-18 over the corresponding period of previous year.

Fertilizers

7. Fertilizers production (weight: 2.63 per cent) declined by 1.6 per cent in January, 2018 over January, 2017. Its cumulative index declined by 0.7 per cent during April to January, 2017-18 over the corresponding period of previous year.

Steel

8. Steel production (weight: 17.92 per cent) increased by 3.7 per cent in January, 2018 over January, 2017. Its cumulative index increased by 6.4 per cent during April to January, 2017-18 over the corresponding period of previous year.

Cement

9. Cement production (weight: 5.37 per cent) increased by 20.7 per cent in January, 2018 over January, 2017. Its cumulative index increased by 4.4 per cent during April to January, 2017-18 over the corresponding period of previous year.

Electricity

10. Electricity generation (weight: 19.85 per cent) increased by 8.2 per cent in January, 2018 over January, 2017. Its cumulative index increased by 5.4 per cent during April to January, 2017-18 over the corresponding period of previous year.


Note 1: Data for November, 2017, December, 2017 and January, 2018 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 February, 2018 will be on Monday, 2nd April, 2018.


Annexure
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-Jan 2016-17
Apr-Jan 2017-18
Coal
10.3335
103.2
104.2
112.6
118.0
121.8
115.0
116.8
Crude Oil
8.9833
99.4
99.2
98.4
97.0
94.5
94.9
94.2
Natural Gas
6.8768
85.6
74.5
70.5
67.2
66.5
66.6
68.9
Refinery Products
28.0376
107.2
108.6
108.8
114.1
119.7
119.6
125.1
Fertilizers
2.6276
96.7
98.1
99.4
106.4
106.6
107.8
107.0
Steel
17.9166
107.9
115.8
121.7
120.2
133.1
131.6
140.0
Cement
5.3720
107.5
111.5
118.1
123.5
122.0
122.0
127.3
Electricity
19.8530
104.0
110.3
126.6
133.8
141.6
142.2
149.8
Overall Index
100.0000
103.8
106.5
111.7
115.1
120.5
119.7
124.8

Growth Rates (in per cent)
Sector
Weight
2012-13
2013-14
2014-15
2015-16
2016-17
Apr-Jan 2016-17
Apr-Jan 2017-18
Coal
10.3335
3.2
1.0
8.0
4.8
3.2
1.8
1.5
Crude Oil
8.9833
-0.6
-0.2
-0.9
-1.4
-2.5
-2.8
-0.7
Natural Gas
6.8768
-14.4
-12.9
-5.3
-4.7
-1.0
-1.9
3.5
Refinery Products
28.0376
7.2
1.4
0.2
4.9
4.9
6.0
4.7
Fertilizers
2.6276
-3.3
1.5
1.3
7.0
0.2
0.9
-0.7
Steel
17.9166
7.9
7.3
5.1
-1.3
10.7
10.9
6.4
Cement
5.3720
7.5
3.7
5.9
4.6
-1.2
1.0
4.4
Electricity
19.8530
4.0
6.1
14.8
5.7
5.8
6.2
5.4
Overall Index
100.0000
3.8
2.6
4.9
3.0
4.8
5.1
4.3

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
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
146.7
125.2
149.8
128.7
Nov-17
132.5
90.8
68.5
126.0
111.8
140.6
127.0
140.1
124.7
Dec-17
141.9
94.2
69.2
133.1
112.1
140.9
136.7
143.9
129.3
Jan-18
148.4
93.8
67.7
135.4
105.5
147.9
142.0
150.3
133.1

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
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
8.6
-1.3
3.2
5.0
Nov-17
0.0
0.2
2.4
8.2
0.3
17.1
18.4
3.9
7.4
Dec-17
-0.1
-2.1
1.2
6.6
3.0
2.5
18.8
4.4
4.2
Jan-18
3.0
-3.2
-1.0
11.0
-1.6
3.7
20.7
8.2
6.7

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