The combined Index of Eight Core Industries stands at 188 in March, 2016, which is 6.4% higher compared to the index of March, 2015. Its cumulative growth during April to March, 2015-16 is registered at 2.7%. Crude Oil production decreased by 5.1% in March, 2016 over March, 2015. While, Natural Gas production decreased by 10.5 % in March, 2016 over March, 2015.
Table 1: Sector wise trend in monthly production (% growth) Sector | Weight in IIP | March'16 | February’16 | Crude Oil | 5.22 | -5.1 | 0.8 | Natural Gas | 1.71 | -10.5 | 1.2 | Petroleum Refinery Products | 5.94 | 10.8 | 8.1 | Coal | 4.38 | 1.7 | 3.9 | Fertilizer | 1.25 | 22.9 | 16.3 | Electricity | 10.32 | 11.3 | 9.2 | Cement | 2.41 | 11.9 | 13.5 | Steel | 6.68 | 3.4 | -0.5 | Overall | 37.9 | 6.4 | 5.7 |
Source: PHD Research Bureau, compiled from the office of the economic advisor to the Govt. of India
In cumulative terms, core infrastructure industries registered a growth of 2.7% during April-March 2015-16 as against 4.5% during the corresponding period of the previous year.
Table 2: Sector wise trend in production (% growth) Sector | Weight | April-March 2015-16 | April-March 2014-15 | Crude Oil | 5.22 | -1.4 | -0.9 | Natural Gas | 1.71 | -4.2 | -4.9 | Petroleum Refinery Products | 5.94 | 3.8 | 0.3 | Coal | 4.38 | 4.6 | 8.1 | Fertilizer | 1.25 | 11.3 | -0.1 | Electricity | 10.32 | 5.2 | 8.4 | Cement | 2.41 | 4.6 | 5.6 | Steel | 6.68 | -1.4 | 4.7 | Overall | 37.9 | 2.7 | 4.5 |
Source: PHD Research Bureau, compiled from the office of the economic advisor to the Govt. of India
Trend in growth of steel, cement, electricity, coal and overall (%)
Source: PHD Research Bureau, compiled from the office of the economic advisor to the Govt. of India
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