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 2 2012 2012 (2) This

Index of Eight Core Industries (Base: 2004-05=100) January 2012

28-2-2012
  • Contents

Press Information Bureau

Government of India

Ministry of Commerce & Industry

28-February-2012 16:02 IST

1. The summarized Index of Eight Core Industries with 2004-05 base is given at the Annexure.

2. The   Eight core industries have a combined weight of 37.90 per cent in the Index of Industrial Production (IIP).  The combined Index was 149.1 in January 2012 with a growth rate of 0.5% compared to their 6.4% Growth in January 2011.  During April-January 2011-12, the cumulative growth rate of the Core industries was 4.1% as against their growth at 5.7% during the corresponding period in 2010-11.

Coal

3. Coal production (weight: 4.38%) registered a growth of 7.5% in January 2012 compared to its growth at (-) 1.3% in January 2011. However, in cumulative terms Coal production had a negative growth of (-) 1.5% during April-January 2011-12 compared to its growth at 0.6% during the same period of 2010-11.  

Crude Oil

4. Crude Oil production (weight: 5.22%) registered a growth of (-) 2.0% in January 2012 compared to its growth at 10.8% in January 2011. Cumulatively Crude Oil production registered a growth of 1.5% during April-January 2011-12 compared to its growth at 11.9% during the same period of 2010-11.

Natural Gas

5. Natural Gas production (weight: 1.71%) registered a growth of (-) 8.9% in January 2012 compared to its growth at (-) 6.3% in January 2011. Natural Gas production registered a growth of (-) 8.8% during April-January 2011-12 compared to its growth at 14.4% during the same period of 2010-11.

Petroleum Refinery Products (0.93% of Crude Throughput)*

6. Petroleum refinery production (weight: 5.94%) had a growth of (-) 4.6% in January 2012 compared to its growth at 8.7% in January 2011.  In cumulative terms Petroleum refinery production registered a growth of 3.1% during April-January 2011-12 compared to its 2.4% growth during the same period of 2010-11.

Fertilizers

7. Fertilizer production (weight: 1.25%) registered a growth of 4.0% in January 2012 against its growth at 5.9% in January 2011. Cumulatively Fertilizer production had a negative growth of (-) 0.1% during April-January 2011-12 corresponding to (-) 0.8% growth during the same period of 2010-11.

Steel (Alloy + Non-Alloy)

8. Steel production (weight: 6.68%) had a growth rate of (-) 2.9% in January 2012 against its 8.7% growth in January 2011. Cumulatively Steel production had a 7.0% growth during April-January 2011-12 compared to its   8.4% growth during the same period of 2010-11.

Cement

9. Cement production (weight: 2.41%) registered a growth of 10.6% in January 2012 against its 1.8% growth in January 2011. The cumulative growth of Cement Production was 6.0% during April-January 2011-12 compared to its   4.1% growth during the same period of 2010-11.

Electricity

10. Electricity generation (weight: 10.32%) had a 2.4% growth in January 2012 compared to its 9.7% growth in January 2011. Electricity generation on the other hand had a cumulative growth of 8.6% during April-January 2011-12 as against its 5.2% growth during the same period of 2010-11.

* RPL (SEZ) with refining capacity 29MMT was commissioned on 25.12.2008 but crude throughput not reported by the refinery and not included in production for entire period.

 N.B: Data are provisional. Revision has been made based on revised data obtained.

Click here to see Annexure

Quick Updates:Latest Updates