The combined Index of Eight Core Industries stands at 172.2 in February, 2016, which was 5.7 % higher compared to the index of February, 2015. Its cumulative growth during April to February, 2015-16 was 2.3 %. These eight core industries comprise nearly 38% of the weight of items included in the Index of Industrial Production (IIP).
Coal: Coal production (weight: 4.38%) increased by 3.9 % inFebruary, 2016over February, 2015. Its cumulative index during April to February, 2015-16 increased by 5.0% over corresponding period of previous year.
Crude Oil: Crude Oil production (weight: 5.22%) increased by 0.8 % in February, 2016over February, 2015. Its cumulative index during April to February, 2015-16 decreased by 1.0 % over the corresponding period of previous year.
Natural Gas: The Natural Gas production (weight: 1.71%) increased by 1.2 % in February, 2016 over February, 2015. Its cumulative index during April to February, 2015-16 declined by 3.6 % over the corresponding period of previous year.
Refinery Products (93% of Crude Throughput): Petroleum Refinery production (weight: 5.94%) increased by 8.1 % in February, 2016 over February, 2015. Its cumulative index during April to February, 2015-16 increased by 3.1 % over the corresponding period of previous year.
Fertilizers: Fertilizer production (weight: 1.25%)increased by 16.3 % in February, 2016 over February, 2015. Its cumulative index during April to February, 2015-16 increased by 10.3 % over the corresponding period of previous year.
Steel (Alloy + Non-Alloy): Steel production (weight: 6.68%) declined by 0.5 % in February, 2016 over February, 2015. Its cumulative index during April to February, 2015-16 declined by 1.8 %over the corresponding period of previous year.
Cement: Cement production (weight: 2.41%) increasedby 13.5 % in February, 2016 over February, 2015. Its cumulative index during April to February, 2015-16 increased by 3.9 % over the corresponding period of previous year.
Electricity: Electricity generation (weight: 10.32%)increased by 9.2 % in February, 2016 over February, 2015. Its cumulative index during April to February, 2015-16 increased by 4.6 % over the corresponding period of previous year.
Note 1:Data are provisional. Revision has been made based on revised data received for corresponding month of previous year in respect of Coal, Crude Oil, Natural Gas, Refinery Product, Steel, Cement and Electricity. Accordingly, indices for the month February, 2015 have been revised.
Note 2: Release of the index for March, 2016 will be on Monday, 2nd May, 2016.