Press Information Bureau
Government of India
Ministry of Commerce & Industry
01-April-2019 17:00 IST
Index of Eight Core Industries (Base: 2011-12=100) February, 2019
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 125.8 in February, 2019, which was 2.1 percent higher as compared to the index of February, 2018. Its cumulative growth during April to February, 2018-19 was 4.3 percent.
Coal
3. Coal production (weight: 10.33 percent)increased by 7.3 per cent in February, 2019 over February, 2018. Its cumulative index increased by 7.1 percent during April to February, 2018-19 over corresponding period of the previous year.
Crude Oil
4. Crude Oil production (weight: 8.98 percent) declined by 6.1 per cent in February, 2019 over February, 2018. Its cumulative index declined by 4.0 percent during April to February, 2018-19 over the corresponding period of previous year.
Natural Gas
5. The Natural Gas production (weight: 6.88 percent) increased by 3.8 percent in February, 2019 over February, 2018. Its cumulative index increased by 0.8 percent during April to February, 2018-19 over the corresponding period of previous year.
Refinery Products
6. Petroleum Refinery production (weight: 28.04 percent) declined by 0.8 per cent in February, 2019 over February, 2018. Its cumulative index increased by 3.0 percent during April to February, 2018-19 over the corresponding period of previous year.
Fertilizers
7. Fertilizers production (weight: 2.63 per cent) increased by 2.5 per cent in February, 2019 over February, 2018. Its cumulative index declined by 0.02 percent during April to February, 2018-19 over the corresponding period of previous year.
Steel
8. Steel production (weight: 17.92 percent) increased by 4.9 per cent in February, 2019 over February, 2018. Its cumulative index increased by 4.7 percent during April to February, 2018-19 over the corresponding period of previous year.
Cement
9. Cement production (weight: 5.37 percent) increased by 8.0 percent in February, 2019 over February, 2018. Its cumulative index increased by 13.0 percent during April to February, 2018-19 over the corresponding period of previous year.
Electricity
10. Electricity generation (weight: 19.85 percent) increased by 0.7 percent in February, 2019 over February, 2018. Its cumulative index increased by 5.4 percent during April to February, 2018-19 over the corresponding period of previous year.
Note 1: Data for December, 2018, January, 2019 and February, 2019 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 prorata basis to a combined weight of ICI equal to 100.
Note 4: Release of the index for March, 2019 will be on Tuesday, 30th April, 2019.
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
|
2017-18
|
Apr-Feb 2017-18
|
Apr-Feb 2018-19
|
Coal |
10.3335
|
103.2
|
104.2
|
112.6
|
118.0
|
121.8
|
124.9
|
119.4
|
127.9
|
Crude Oil |
8.9833
|
99.4
|
99.2
|
98.4
|
97.0
|
94.5
|
93.7
|
93.5
|
89.8
|
Natural Gas |
6.8768
|
85.6
|
74.5
|
70.5
|
67.2
|
66.5
|
68.4
|
68.3
|
68.8
|
Refinery Products |
28.0376
|
107.2
|
108.6
|
108.8
|
114.1
|
119.7
|
125.2
|
124.7
|
128.5
|
Fertilizers |
2.6276
|
96.7
|
98.1
|
99.4
|
106.4
|
106.6
|
106.6
|
106.6
|
106.6
|
Steel |
17.9166
|
107.9
|
115.8
|
121.7
|
120.2
|
133.1
|
140.5
|
139.4
|
145.9
|
Cement |
5.3720
|
107.5
|
111.5
|
118.1
|
123.5
|
122.0
|
129.7
|
127.9
|
144.6
|
Electricity |
19.8530
|
104.0
|
110.3
|
126.6
|
133.8
|
141.6
|
149.2
|
148.5
|
156.5
|
Overall Index |
100.0000
|
103.8
|
106.5
|
111.7
|
115.1
|
120.5
|
125.7
|
124.5
|
129.8
|
Growth Rates(in per cent)
Sector |
Weight
|
2012-13
|
2013-14
|
2014-15
|
2015-16
|
2016-17
|
2017-18
|
Apr-Feb 2017-18
|
Apr-Feb 2018-19
|
Coal |
10.3335
|
3.2
|
1.0
|
8.0
|
4.8
|
3.2
|
2.6
|
1.7
|
7.1
|
Crude Oil |
8.9833
|
-0.6
|
-0.2
|
-0.9
|
-1.4
|
-2.5
|
-0.9
|
-0.8
|
-4.0
|
Natural Gas |
6.8768
|
-14.4
|
-12.9
|
-5.3
|
-4.7
|
-1.0
|
2.9
|
3.0
|
0.8
|
Refinery Products |
28.0376
|
7.2
|
1.4
|
0.2
|
4.9
|
4.9
|
4.6
|
4.9
|
3.0
|
Fertilizers |
2.6276
|
-3.3
|
1.5
|
1.3
|
7.0
|
0.2
|
0.03
|
-0.2
|
-0.02
|
Steel |
17.9166
|
7.9
|
7.3
|
5.1
|
-1.3
|
10.7
|
5.6
|
5.7
|
4.7
|
Cement |
5.3720
|
7.5
|
3.7
|
5.9
|
4.6
|
-1.2
|
6.3
|
5.6
|
13.0
|
Electricity |
19.8530
|
4.0
|
6.1
|
14.8
|
5.7
|
5.8
|
5.3
|
5.3
|
5.4
|
Overall Index |
100.0000
|
3.8
|
2.6
|
4.9
|
3.0
|
4.8
|
4.3
|
4.3
|
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
|
Feb-18 |
143.2
|
86.1
|
62.1
|
120.9
|
102.2
|
141.7
|
138.0
|
136.1
|
123.2
|
Mar-18 |
184.9
|
95.8
|
69.8
|
130.3
|
107.0
|
153.2
|
149.6
|
156.7
|
138.5
|
Apr-18 |
118.8
|
91.8
|
67.1
|
119.1
|
93.1
|
138.1
|
149.1
|
153.7
|
124.3
|
May-18 |
125.2
|
94.8
|
68.7
|
131.6
|
106.6
|
142.8
|
145.3
|
164.7
|
131.9
|
Jun-18 |
120.0
|
90.9
|
67.4
|
133.8
|
108.3
|
143.8
|
150.7
|
159.9
|
131.2
|
Jul-18 |
108.1
|
91.2
|
68.5
|
134.1
|
110.0
|
140.3
|
136.0
|
162.1
|
129.2
|
Aug-18 |
103.8
|
91.6
|
70.2
|
127.7
|
109.4
|
144.5
|
134.5
|
167.2
|
128.8
|
Sep-18 |
109.8
|
88.1
|
67.6
|
125.8
|
108.0
|
143.2
|
133.9
|
162.9
|
127.2
|
Oct-18 |
132.9
|
90.9
|
70.3
|
133.8
|
103.3
|
150.2
|
148.4
|
166.0
|
134.8
|
Nov-18 |
138.4
|
87.6
|
68.9
|
128.9
|
102.7
|
144.8
|
136.5
|
147.2
|
128.3
|
Dec-18 |
144.1
|
90.2
|
72.2
|
126.6
|
109.4
|
155.8
|
151.0
|
150.3
|
132.2
|
Jan-19 |
152.1
|
89.7
|
71.8
|
131.9
|
116.6
|
153.0
|
156.1
|
150.7
|
134.5
|
Feb-19 |
153.6
|
80.8
|
64.4
|
120.0
|
104.8
|
148.6
|
149.1
|
137.1
|
125.8
|
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
|
Feb-18 |
1.3
|
-2.4
|
-1.8
|
7.8
|
5.2
|
5.0
|
23.0
|
4.6
|
5.4
|
Mar-18 |
9.1
|
-1.6
|
1.0
|
1.1
|
3.2
|
4.7
|
13.5
|
6.0
|
4.5
|
Apr-18 |
15.2
|
-0.8
|
5.7
|
2.7
|
4.6
|
3.0
|
21.9
|
2.1
|
4.7
|
May-18 |
12.0
|
-2.9
|
-1.4
|
4.9
|
8.4
|
-0.1
|
13.0
|
4.1
|
4.1
|
Jun-18 |
11.5
|
-3.4
|
-2.7
|
12.1
|
1.0
|
4.2
|
14.2
|
8.4
|
7.8
|
Jul-18 |
9.8
|
-5.4
|
-5.2
|
12.3
|
1.3
|
6.9
|
11.2
|
6.7
|
7.3
|
Aug-18 |
2.4
|
-3.7
|
1.0
|
5.1
|
-5.3
|
4.0
|
14.6
|
7.6
|
4.7
|
Sep-18 |
6.4
|
-4.2
|
-1.7
|
2.5
|
2.5
|
3.2
|
11.8
|
8.2
|
4.3
|
Oct-18 |
11.3
|
-5.0
|
-0.9
|
1.3
|
-11.5
|
2.4
|
18.4
|
10.9
|
4.8
|
Nov-18 |
3.7
|
-3.5
|
0.5
|
2.3
|
-8.1
|
5.3
|
8.8
|
5.1
|
3.3
|
Dec-18 |
1.1
|
-4.3
|
4.2
|
-4.8
|
-2.4
|
12.9
|
11.6
|
4.4
|
2.7
|
Jan-19 |
1.7
|
-4.3
|
6.2
|
-2.6
|
10.5
|
5.5
|
11.0
|
0.8
|
1.5
|
Feb-19 |
7.3
|
-6.1
|
3.8
|
-0.8
|
2.5
|
4.9
|
8.0
|
0.7
|
2.1
|
*****