Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
News

Home News News and Press Release Month 9 2014 2014 (9) This

Index of Eight Core Industries (Base: 2004-05=100), July, 2014

1-9-2014
  • Contents

The summary of the Index of Eight Core Industries (base: 2004-05) is given at the Annexure.

The Eight Core Industries have a combined weight of 37.90 % in the Index of Industrial Production (IIP).  The combined Index of Eight Core Industries stands at 163.9 in July, 2014, which was 2.7 % higher compared to the index of July, 2013. Its cumulative growth during April to July, 2014-15 was 4.1 %.

Coal

Coal production (weight: 4.38 %) increased by 6.2 % in July, 2014 over July, 2013. Its cumulative index during April to July, 2014-15 increased by 5.7 % over corresponding period of previous year.

Crude Oil

Crude Oil production (weight: 5.22 %) declined by 1.0 % in July, 2014 over July, 2013. The cumulative index of Crude Oil during April to July, 2014-15 declined by 0.3 % over the corresponding period of previous year.

Natural Gas

The Natural Gas production (weight: 1.71 %) declined by 9.0 % in July, 2014 over July, 2013. Its cumulative index during April to July, 2014-15 declined by 5.2 % over the corresponding period of previous year.

Petroleum Refinery Products (0.93% of Crude Throughput)

Petroleum refinery production (weight: 5.94%) declined by 5.5 % in July, 2014 over July, 2013. Its cumulative index during April to July, 2014-15 declined by 2.2 % over the corresponding period of previous year.

Fertilizers

Fertilizer production (weight: 1.25%) declined by 4.2 % in July, 2014 over July, 2013. It registered a cumulative growth of 4.9 % during April to July, 2014-15 over the corresponding period of previous year.

Steel (Alloy + Non-Alloy)

Steel production (weight: 6.68%) decreased by 3.4 % in July, 2014 over July, 2013. While, its cumulative index during April to July, 2014-15 increased by 0.3 % over the corresponding period of previous year.

Cement

Cement production (weight: 2.41%) increased by 16.5 % in July, 2014 over July, 2013. Its cumulative growth during April to July, 2014-15 was 11.1 % over the corresponding period of previous year.

Electricity

Electricity generation (weight: 10.32%) increased by 11.2 % in July, 2014 over the period of July, 2013 and it registered a cumulative growth of 11.0 % during April to July, 2014-15 over the corresponding period of previous year.

Note: Data are provisional. Revision has been made based on revised data obtained for corresponding month of previous year in respect of Coal, Crude Oil, Natural Gas, Refinery Products, Steel and Cement.

Annexure

Performance of Eight Core Industries

Yearly Index & Growth Rate

Base Year: 2004-05=100

(Weight in IIP: 37.90 %)

INDEX

Sector

Weight

2009-10

2010-11

 2011-12

2012-13

2013-14

Apr-Jul

13-14

Apr-Jul

14-15

Coal

4.379

140.0

139.7

141.5

148.1

149.0

132.4

140.0

Crude Oil

5.216

99.1

111.0

112.1

111.4

111.2

111.0

110.7

Natural Gas

1.708

149.5

164.4

149.7

128.1

111.4

113.0

107.2

Refinery Products*

5.939

125.9

129.7

133.7

172.5

175.2

174.3

170.4

Fertilizers

1.254

103.4

103.4

103.8

100.2

101.8

92.9

97.5

Steel

6.684

139.3

157.7

174.0

181.1

195.0

200.3

200.9

Cement

2.406

157.1

164.2

175.2

188.7

194.3

191.3

212.6

Electricity

10.316

130.8

138.1

149.3

155.3

164.2

163.2

181.1

Overall Index

37.903

129.9

138.4

145.3

154.7

159.8

157.9

164.4

 

GROWTH RATE (in %)

Sector

Weight

2009-10

2010-11

2011-12

2012-13

2013-14

Apr-Jul 13-14

Apr-Jul 14-15

Coal

4.379

8.1

-0.2

1.3

4.6

0.7

-1.1

5.7

Crude Oil

5.216

0.5

11.9

1.0

-0.6

-0.2

-1.6

-0.3

Natural Gas

1.708

44.6

10.0

-8.9

-14.5

-13.0

-17.2

-5.2

Refinery Products*

5.939

-0.4

3.0

3.1

29.0#

1.6

4.5

-2.2

Fertilizers

1.254

12.7

0.0

0.4

-3.4

1.5

1.9

4.9

Steel

6.684

6.0

13.2

10.3

4.1

7.7

14.6

0.3

Cement

2.406

10.5

4.5

6.7

7.7

3.0

2.7

11.1

Electricity

10.316

6.2

5.6

8.1

4.0

5.7

3.8

11.0

Overall Index

37.903

6.6

6.6

5.0

6.5

3.3

4.1

4.1

 

 *Note: RIL (SEZ) production figures for July, 2014 are on prorated basis.

# Refinery Products’ yearly growth rates of 2012-13 are not comparable with other years on account of inclusion of RIL (SEZ) production data since April, 2012.

Performance of Eight Core Industries

Monthly Index & Growth Rate

Base Year: 2004-05=100

(Weight in IIP: 37.90 %) 

INDEX

Sector

Coal

Crude Oil

Natural Gas

Refinery Products*

Fertilizers

Steel

Cement

Electricity

Overall Index

Weight

4.379

5.216

1.708

5.939

1.254

6.684

2.406

10.316

37.903

Jul-13

127.0

112.3

113.7

180.7

107.1

207.3

177.7

164.4

159.7

Aug-13

121.5

112.3

112.5

182.9

110.5

185.1

170.6

162.3

154.5

Sep-13

129.4

108.8

109.1

174.5

114.4

182.8

190.8

168.5

156.2

Oct-13

135.5

112.3

111.9

173.5

113.0

181.5

188.0

162.5

155.2

Nov-13

150.5

110.9

109.3

168.1

107.4

182.5

172.0

157.8

153.5

Dec-13

170.1

115.0

113.4

175.9

110.2

199.0

203.3

168.1

165.6

Jan-14

178.7

115.1

116.1

176.9

104.2

201.2

215.0

169.8

168.2

Feb-14

165.1

103.5

104.2

169.6

97.9

192.5

200.2

155.1

156.7

Mar-14

208.3

112.1

108.8

183.8

92.1

214.2

226.2

172.9

175.4

Apr-14

140.5

109.6

104.7

165.8

87.4

192.8

217.5

176.9

160.9

May-14

145.2

111.6

111.2

171.6

100.5

214.3

216.4

183.2

168.7

Jun-14

139.2

110.4

109.4

173.3

99.5

196.1

209.7

181.5

163.9

Jul-14

134.9

111.1

103.5

170.8

102.5

200.4

206.9

182.8

163.9

 

GROWTH RATE (in %)

Sector

Coal

Crude Oil

Natural Gas

Refinery Products*

Fertilizers

Steel

Cement

Electricity

Overall Index

Weight

4.379

5.216

1.708

5.939

1.254

6.684

2.406

10.316

37.903

Jul-13

1.0

-2.3

-16.0

5.0

0.4

18.1

0.2

5.2

5.3

Aug-13

5.5

-1.5

-16.1

4.9

1.7

4.3

5.5

6.7

3.7

Sep-13

12.5

0.6

-14.1

8.0

5.3

6.6

11.5

12.6

8.0

Oct-13

-3.9

-0.8

-13.6

-4.8

4.1

3.5

1.0

1.3

-0.6

Nov-13

2.3

1.1

-11.3

-5.0

0.6

3.9

4.2

5.9

1.7

Dec-13

-0.6

1.6

-9.9

-1.7

4.1

3.1

1.1

6.7

2.1

Jan-14

-0.7

3.0

-5.2

-4.5

1.2

3.4

1.5

5.7

1.6

Feb-14

0.1

1.9

-4.4

3.2

-0.7

4.8

2.3

10.4

4.5

Mar-14

0.7

-1.6

-9.3

2.8

-6.1

5.4

0.0

5.4

2.5

Apr-14

3.3

-0.1

-7.7

-2.2

11.1

3.1

6.7

11.2

4.2

May-14

5.5

-0.3

-2.2

-2.3

17.6

-2.0

8.7

6.3

2.3

Jun-14

8.1

0.1

-1.7

1.2

-1.0

4.2

13.6

15.7

7.3

Jul-14

6.2

-1.0

-9.0

-5.5

-4.2

-3.4

16.5

11.2

2.7

 

*Note: RIL (SEZ) production figures for July, 2014 are on prorated basis.

Quick Updates:Latest Updates